DCG spokesperson: The total revenue in 2022 was approximately $800 million, compared to about $1 billion in 2021

2023-02-09 22:50:56
Collection

ChainCatcher news, according to The Information, a spokesperson for Digital Currency Group (DCG) revealed that the company's total revenue last year was approximately $800 million, which, although lower than the $1 billion in 2021, still marks the second-highest annual revenue since DCG was established.

It is reported that Genesis is seeking to sell its crypto lending and trading business, and DCG has also been weighing whether to sell the crypto media company CoinDesk. DCG may be left with only two main profit-generating entities, namely the crypto asset management and trust company Grayscale and the crypto mining business Foundry. If Genesis is ultimately sold, DCG's future may depend on a rebound in Bitcoin prices. (Source link)

Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
ChainCatcher Building the Web3 world with innovators