Mastercard and New York Life are among the investors on board DCG, which aims to build the largest portfolio of digital currency companies in the world.
Barry Silbert, founder of financial transaction platform SecondMarket, launched a cryptocurrency holding company called Digital Currency Group (DCG) on Tuesday with funding from backers including insurance firm New York Life and payment services firm Mastercard.
DCG has not disclosed the amount of capital it has raised.
Other investors in DCG include Transamerica Ventures, the venture capital firm funded by insurance group Aegon, as well as Bain Capital Ventures, Oak HC/FT, Solon Mack Capital, CIBC, Novel TMT, RRE Ventures and FirstMark Capital.
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