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DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times

From coindesk.com

Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according to a Financial Times report citing U.S. securities filings. Grayscale operates the Grayscale Bitcoin Trust (GBTC), which has $10 billion-plus in assets under management and was late last year trading at a record discount to net asset value, although that discount has fluctuated recently. Grayscale, Genesis and CoinDesk share the same parent company in DCG. On Jan. 20 this year, Genesis Global Holdco LLC, the holding company of cryptocurrency ... (full story)

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  • Category: Fundamental Analysis