Digital Currency Group (DCG), the Bitcoin venture investment firm of SecondMarket founder Barry Silbert (and the owner of CoinDesk since January ), has made a number of moves that further expand its connection with the wider business community in the U.S.
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This week DCG announced a collaboration with Amazon Web Services (AWS), Inc., to help bring blockchain startups and established companies to collaborate on experiments.
Scott Mullins, Head of Worldwide Financial Services Business Development, AWS, commented: “Today in Financial Services, distributed ledger technology is at the forefront of any discussion related to innovation. AWS is working with financial institutions and blockchain providers to spur innovation and facilitate frictionless experimentation. DCG is a recognized leader in DLT, and we are excited to work with them and their portfolio companies to provide laboratory environments for enterprise experimentation with blockchain technology on AWS.”
Last week DCG revealed it was joined by new investors including Beijing-based HCM International Company, a number of family offices, investment managers, and funds including Gibraltar Ventures, OMERS Ventures, Horizon Kinetics, Kingsbridge Wealth Management, and Wood Investment Partners. The most interesting new investor for the Bitcoin firm is traditional money transfer giant Western Union (NYSE:WU). First Class Lobbyists
DCG has also revealed that it has expanded its team with a number of new hires. Glenn Hutchins joined the DCG Board of Directors – he is the Chairman of North Island and a co-founder of Silver Lake, a director of both AT&T and Nasdaq, and a director of the Federal Reserve Bank of New York.
Hutchins remarked: “Digital Currency Group (DCG) has positioned itself as a key participant in the Bitcoin universe, a space which has the promise to be one […]
