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Topic: [2015-10-29] Digital Currency Group Receives Funding From MasterCard And CIBC (Read 266 times)

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The Digital Currency Group (DGC), formed earlier in the year via merger between Genesis Global Trading, Grayscale Investments and Bitcoin Opportunity Corp, has received an undisclosed amount in a new round of funding from several large institutional investors. Payment processor MasterCard, Canadian Bank CIBC and Insurer New York Life are just a few of the finance behemoths participating in this funding round.

Barry Silbert, CEO and Founder of DGC, sees blockchain technology as the main driver of a more transparent and improved financial system.

Read More: http://themerkle.com/news/digital-currency-group-receives-funding-from-mastercard-and-cibc/
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