{"id":28425,"date":"2020-09-09T17:42:46","date_gmt":"2020-09-09T14:42:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28425"},"modified":"2025-08-27T11:35:35","modified_gmt":"2025-08-27T08:35:35","slug":"digital-currency-group-buys-cryptocurrency-exchange-luno","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/digital-currency-group-buys-cryptocurrency-exchange-luno\/","title":{"rendered":"Digital Currency Group buys cryptocurrency exchange Luno"},"content":{"rendered":"<p>Digital Currency Group (DCG), led by Barry Silbert, announced the purchase of the British cryptocurrency exchange Luno.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">ANNOUNCEMENT: We have acquired <a href=\"https:\/\/twitter.com\/lunomoney?ref_src=twsrc%5Etfw\">@LunoMoney<\/a>! By joining forces, we are accelerating the creation and adoption of a better, more accessible financial system. <a href=\"https:\/\/t.co\/Ik8DJFMUG1\">https:\/\/t.co\/Ik8DJFMUG1<\/a> <a href=\"https:\/\/t.co\/pEwmqoYLDa\">pic.twitter.com\/pEwmqoYLDa<\/a><\/p>\n<p>\u2014 Digital Currency Group (@DCGco) <a href=\"https:\/\/twitter.com\/DCGco\/status\/1303635329031843841?ref_src=twsrc%5Etfw\">September 9, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to CoinDesk, the exchange will become a separate subsidiary of DCG. The terms of the deal were not disclosed.<\/p>\n<blockquote>\n<p>\u201cWe have invested in many companies around the world, including nearly two dozen trading platforms. But this is the first subsidiary providing wallet and exchange services to a large number of retail investors,\u201d said DCG chief operating officer Mark Murphy.<\/p>\n<\/blockquote>\n<p>DCG first invested in Luno in 2014. Now the company plans to expand the exchange&#8217;s presence in Africa, Asia and Europe.<\/p>\n<p>DCG has invested in more than 160 companies worldwide. In August it <a href=\"https:\/\/forklog.com\/en\/news\/digital-currency-groups-barry-silbert-enters-bitcoin-mining\">acquired<\/a> the mining company Foundry. The planned investments for 2021 are estimated at $100 million.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital Currency Group (DCG), led by Barry Silbert, announced the purchase of the British cryptocurrency exchange Luno.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,184,52,1929],"class_list":["post-28425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-dcg","tag-investments","tag-luno"],"aioseo_notices":[],"amp_enabled":true,"views":"63","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=28425"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28425\/revisions"}],"predecessor-version":[{"id":28426,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28425\/revisions\/28426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=28425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=28425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=28425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}