Tag: Digital Currency Group

Bitcoin Exchange Bitso Raises US$2.5m For Latin American Expansion

Bitcoin exchanges attract a lot of attention from the financial sector these days. Although a lot of experts feel there is a need for stricter regulation, the industry provides some exciting opportunities. Bitso, a Bitcoin exchange operating in Mexico, has US$2.5m to expand their activities in the country. The majority of this fundraising comes from established financial players, which is an exciting development. Bitso Raises US$2.5m Out of The Blue …
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Amazon Web Services Offers Cloud Computing Infrastructure to DCG Portfolio Firms

Amazon Web Services (AWS), the cloud computing arm of online retail giant Amazon, revealed today a partnership with New York-based blockchain investment firm Digital Currency Group. The collaboration will allow firms in the DCG portfolio to carry out experiment with various blockchain frameworks on the AWS cloud computing infrastructure. Scott Mullins, head of worldwide financial services business development at AWS, said in a statement: “DCG is a recognized leader in …
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Successful Round of Seed Funding For Tierion Nets US$1m

Blockchain is a booming industry, as company after company secures additional investments these days. Tierion, a blockchain startup which has been making headlines recently, announced their successful US$1m seed funding round earlier today. Tierion Continues Their Hot Streak The primary goal for Tierion is turning the blockchain into a global platform that verifies the integrity of any data, business process, or file. Such an ambitious plan will lead to exciting …
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Digital Currency Groups Announces New Investors

Barry Silbert, Founder and CEO of New York-based investment firm Digital Currency Group, announced today a slew of new investment partners and several new appointments to the DCG Board of Directors. On the investment partners side, DCG welcomes Western Union, Beijing-based HCM International Company and Gibraltar Ventures, among several other smaller investment managers and firms. Silbert’s post revealed that several prominent figures from the bitcoin space and the financial industry …
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