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Digital Currency Group to Purchase $50M of Grayscale Ethereum (ETH) Classic Trust Shares


Digital Currency Group announced today that it will purchase $50 million of Grayscale Ethereum (ETH) Classic Trust (ETCG) shares.

Digital Currency Group announced today that it will purchase $50 million of Grayscale Ethereum (ETH) Classic Trust (ETCG) shares.

Digital Currency Group, the company of Barry Silbert, previously invested $ 250 million in the Grayscale Bitcoin Trust fund. The company later announced that it had increased its purchase limit to $750 million.

ETCG shares are trading at a 36% discount, according to data provided by YCharts.

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