MasterCard, CIBC and New York Life Join DCG Funding Round

By October 27, 2015Bitcoin Business

Payments giant MasterCard has been named as one of 11 investors in Digital Currency Group’s (DCG) new funding round.

The undisclosed raise, announced today, attracted support from billion-dollar brands across multiple sectors including Canadian bank CIBC , insurer New York Life and TransAmerica Ventures , the VC fund owned by Aegon and TransAmerica.

It marks the first investment in the bitcoin and blockchain sector for all but four of the firms involved.DCG founder and CEO Barry […]

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