Digital currency group DCG completes $600 million financing Eldridge leads investment

The Digital Currency Group (DCG) announced on Thursday that it has completed a $600 million debt capital financing led by private equity firm Eldridge. Capital Group, Davidson Kempner Capital Management and Francisco Partners participated in the investment. This financing provides DCG with a credit loan, which the company can withdraw as needed, “by reducing DCG’s capital cost and promoting the growth of its investment portfolio and wholly-owned subsidiaries, it has enhanced DCG’s strategic, operational and financial capabilities.” (Theblockcrypto)