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Since 2024, Digital Currency Group (DCG) has backed 3 African startups across 3 disclosed funding rounds totaling $10.8M, most heavily in Egypt and Fintech.
Digital Currency Group, Inc. (DCG) is an American venture capital and investment company focused on the digital currency market and decentralized technologies. It operates as a holding company and investor in the digital asset and blockchain ecosystem. DCG is headquartered in Stamford, Connecticut in the United States. DCG is an active investor in African fintech and financial infrastructure. Based on disclosed activity, DCG has participated in pre seed, Series A, and venture rounds in African startups, backing companies such as MidLyr in Egypt, HUB2 in Côte d'Ivoire, and TurnStay in South Africa. These investments highlight a focus on fintech, as well as legal and compliance solutions for financial institutions, and a geographic presence across North, West, and Southern Africa. Across its global portfolio, DCG has been described in official company materials and reputable profiles as one of the most active investors in the digital asset industry, with hundreds of investments worldwide. It has also built and operated several significant crypto ecosystem businesses, including CoinDesk, Genesis, Grayscale, Foundry, and Luno, which provide media, asset management, brokerage, mining, and exchange services for digital assets.
Data updated · Jul 29, 2026
Digital Currency Group (DCG) has backed 3 African startups across 3 disclosed funding rounds tracked on Liners, totaling $10.8M since 2024.
Mostly Pre-Seed: 1 of its 3 tracked rounds are at that stage, followed by Series A (1).
Digital Currency Group (DCG)'s tracked rounds are concentrated in Egypt (1), Côte d'Ivoire (1), South Africa (1).
Its tracked rounds lean toward Fintech (2), Legal and Compliance (1).
Digital Currency Group (DCG) most often shares rounds with Silicon Badia (1 shared deal), Wedbush Ventures (1 shared deal), Hustle Fund (1 shared deal).
Digital Currency Group is a venture capital and investment company focused on the digital currency market and decentralized technologies. It operates as a holding company for businesses and investments in the digital asset and blockchain ecosystem and is headquartered in Stamford, Connecticut in the United States.
Confirmed African portfolio companies backed by Digital Currency Group include MidLyr in Egypt, HUB2 in Côte d'Ivoire, and TurnStay in South Africa. These investments span financial operations and compliance tools, mobile money interoperability, and payment solutions tailored to the travel and tourism sector.