United States / AlexaBlockchain / — Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, has announced formation of a new wholly-owned subsidiary: Foundry.
DCG formed Foundry quietly in 2019. Foundry offers institutional expertise, capital, and market intelligence to digital asset miners and manufacturers, providing them with the resources to build, maintain, and secure decentralized networks. DCG has planned to invest more than US$100 million into Foundry through 2021.