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2023-02-07 08:08:21

Digital Currency Group Sells Grayscale Shares to Raise Funds Amid Financial Difficulties

Digital Currency Group Sells Grayscale Shares to Raise Funds Amid Financial Difficulties

The post Digital Currency Group Sells Grayscale Shares to Raise Funds Amid Financial Difficulties appeared first on Coinpedia Fintech News Digital Currency Group (DCG), a crypto conglomerate backed by SoftBank, is selling shares in several of its investment vehicles run by subsidiary Grayscale. The move is a response to the financial difficulties the company is facing as it attempts to raise funds to pay back creditors of its bankrupt lending arm, Genesis. Connecticut-based DCG, which …

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