SoftBank Vision Fund 2, Singapore's GIC back crypto conglomerate DCG

SoftBank Vision Fund 2, Singapore's GIC back crypto conglomerate DCG

FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

Softbank Vision Fund 2 and Singapore’s sovereign wealth fund GIC were among the investors that backed Digital Currency Group (DCG) in a new funding round that valued the cryptocurrency conglomerate at $10 billion.

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