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Foundry, a Digital Currency Group Company
https://foundrydigital.com/Last activity: 18.09.2024
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Foundry was created to meet the institutional demand for better capital access, efficiency, and transparency in the digital currency mining and staking industry.
As a Digital Currency Group company, Foundry taps unparalleled institutional expertise, capital, and market intelligence to provide North American bitcoin miners and global manufacturers with the resources to build, maintain, and secure decentralized networks.
Foundry empowers miners with the tools they need to build tomorrow’s decentralized infrastructure. We are protocol-agnostic and seek to support like-minded blockchain entrepreneurs who share our mission to advance the industry.
As a Digital Currency Group company, Foundry taps unparalleled institutional expertise, capital, and market intelligence to provide North American bitcoin miners and global manufacturers with the resources to build, maintain, and secure decentralized networks.
Foundry empowers miners with the tools they need to build tomorrow’s decentralized infrastructure. We are protocol-agnostic and seek to support like-minded blockchain entrepreneurs who share our mission to advance the industry.
Overview
Location
United States, New York, Rochester
Employees
51-200
Total raised
$750M
Founded date
2019
Mentions in press and media 21
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 23, 2024 | Foundry Announces 'Foundry Donate' Initiative to Support Open Source Bitcoin Community | The first-of-its-kind program allows miners on Foundry USA Pool™ to directly contribute to bitcoin's open-source development through select nonprofits ROCHESTER, N.Y., July 23, 2024 /PRNewswire/ -- Foundry Digital LLC ("Foundry" o... |
| Nov 23, 2022 | Foundry To Acquire Two Turnkey Mining Facilities from Compute North, Plus Right to Acquire Third Facility Under Development | Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group, focused on digital asset mining and staking, announced that it has entered into an asset purchase agreement to acquire two turnkey cryptocurrency mining facilities an... |
| Apr 27, 2022 | Foundry to Buy Web 3 Company Upstate Interactive to Expand Blockchain Services | Foundry Digital, the digital asset mining and staking company, said it is buying Web 3 software development and consulting company Upstate Interactive to expand its decentralized infrastructure on a larger scale. Foundry is a subsidiary of ... |
| Mar 30, 2022 | Bitcoin miners are dusting off Kentucky coal towns, spurred by state crypto tax incentives | Bitcoin mining rigs have been arriving in Kentucky by the truckload ever since Governor Andy Beshear passed two laws in March 2021 to incentivize bitcoin miners to establish roots in the southeastern state. Senate Bill 255 extends the commo... |
| Dec 13, 2021 | Foundry Launches FoundryX, a Marketplace to Match Buyers and Sellers of Bitcoin Mining Machines, Completing Over $125 Million in Sales in 2021 | Foundry Digital LLC announced the launch of FoundryX, a marketplace that matches buyers and sellers of bitcoin mining machines. Buyers and sellers will have access to Foundry’s robust business intelligence on inventory, pricing, and demand.... |
| Nov 18, 2021 | Digital Currency Group Raises $600M in New Credit Facility | Digital Currency Group (DCG), the crypto investment company whose holdings include asset manager Grayscale, crypto lender Genesis and independent news outlet CoinDesk, said it raised $600 million in a new credit facility, marking its first ... |
| Nov 18, 2021 | Digital Currency Group Raises New $600 Million Credit Facility | Digital Currency Group (DCG) today announced the completion of a debt capital raise providing a credit facility up to $600 million. Eldridge led and served as administrative agent of the credit facility, which includes a syndicate of instit... |
| Nov 11, 2021 | Foundry Announces Digital Assets Staking Business and Range of Services for Institutions | Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group, Inc. (DCG) focused on empowering decentralized infrastructures of digital assets, announced Foundry Staking, a new business line that provides staking and other white... |
| Nov 2, 2021 | Digital Currency Group raises $700M in secondary sale | Digital Currency Group has sold $700 million shares of stock in a private sale led by SoftBank, valuing the crypto conglomerate at more than $10 billion, according to reports. GIC Capital, Ribbit Capital and CapitalG also participated in th... |
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FAQ about Foundry, a Digital Currency Group Company
When was Foundry, a Digital Currency Group Company founded?
Foundry, a Digital Currency Group Company was founded in 2019.
How much funding has Foundry, a Digital Currency Group Company raised?
Foundry, a Digital Currency Group Company has raised $750M in total.
What has the press written about Foundry, a Digital Currency Group Company?
Parsers VC has collected 21 articles mentioning Foundry, a Digital Currency Group Company, among them “Foundry Announces 'Foundry Donate' Initiative to Support Open Source Bitcoin Community” (Jul 23, 2024) and “Foundry To Acquire Two Turnkey Mining Facilities from Compute North, Plus Right to Acquire Third Facility Under Development” (Nov 23, 2022).
Is Foundry, a Digital Currency Group Company still active?
Yes, Foundry, a Digital Currency Group Company is active; its latest activity on Parsers VC dates from Sep 18, 2024.