20 15, Gray Investment Company merged into the newly established DigitalCurrencyGroup (DCG). DCG not only focuses on investment in digital currency and blockchain, but also serves as an incubator for start-ups. In addition to gray investment companies, DCG also has two subsidiaries, Genesis, an OTC cryptocurrency broker, CoinDesk, a blockchain news information website, and more than 150 other blockchain companies/projects.
After years of development, Gray Investment Company has become the largest cryptocurrency asset management company in the world, with a cryptocurrency trust scale of $2.58 billion.
Extended data:
In 20 13, the founder BarrySilbert persuaded the board of directors of SecondMarket Company to set up a bitcoin investment fund called BitcoinInvestmentTrust, which is the predecessor of GrayscaleBitcoinTrust. It was not until 2065438+September 2007 that the bitcoin trust fund of Grey Investment Company began to break out.
It has become the world's largest bitcoin investment trust fund, with more than 408,500 bitcoins, accounting for nearly 2% of the total bitcoin. In addition to bitcoin trust funds, Gray Investment Company has also launched trust funds for BCH, ETH, ETC, Horizen, LTC, XLM, XRP and ZEC, as well as GrayscaleDigitalLargeCapFund containing mainstream currencies. Gray Investment Company's cryptocurrency trust products provide convenience for institutional users to purchase cryptocurrency.