DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis (Ian Allison/CoinDesk) - TechnW3

DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis (Ian Allison/CoinDesk) - TechnW3

Ian Allison / CoinDesk:
DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis  —  DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.

from TechnW3