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DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News. “Due to the state of the broader economy and prolonged...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News
TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News. 
“Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital assets in the US, we made the decision to sunset the institutional trading platform side of the business,” according to a statement from a DCG spokesperson Bloomberg recieved. ...
Read More: DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

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