Barry Silbert

 

Barry Silbert is an American investor and entrepreneur. He is the founder and director of the Digital Currency Group, which assists cryptocurrency startups, expansion, and investment.

 

Digital Currency Group (DCG) was established in 2015 with funding from MasterCard, the Canadian bank CIBC, the venture capital firm Trans America Ventures, and others. DCG actively participates in the digital currency market.

 

Personal Information -  Quick Facts

 

Full Name	Barry Silbert
Birth	1976 in Gaithersburg, Maryland, USA
Nationality	American
Education	Bachelor’s in Finance, Emory University (Goizueta Business School)
Marital Status	Married to Lori Silbert
Net Worth	$3.2B (Refer for realtime)

 

Barry Silbert: Crypto Pioneer & DCG’s Impact on Bitcoin

 

• 2004: Founded SecondMarket – Launched a platform for trading illiquid assets, later acquired by Nasdaq in 2015.
• 2013: Founded Digital Currency Group (DCG) – Established DCG, a major player in crypto investing and blockchain innovation.
• 2013: Early Bitcoin Investor – Bought thousands of BTC when Bitcoin was under $100, becoming a major advocate.
• 2015: Launched Grayscale Investments – Introduced Grayscale Bitcoin Trust (GBTC), the first institutional Bitcoin investment vehicle.
• 2018: Expanded DCG’s Crypto Portfolio – Backed major crypto firms like Coinbase, Kraken, and Chainalysis.
• 2020: Bitcoin Advocacy & Growth – Positioned Grayscale as the largest Bitcoin fund, attracting institutional investors.
• 2022: Crypto Market Downturn & DCG Challenges – Faced liquidity issues due to Genesis Global Capital’s bankruptcy.
• 2024: DCG's Continued Influence – Despite challenges, DCG remains a major force in Bitcoin and blockchain investments.

 

Investment Trust for Bitcoin

Silbert established a private open trust called the Bitcoin Investment Trust (BIT). BIT stocks (their GBTC symbol) are the first registered securities whose value is entirely reliant on the price of Bitcoin.

 

Useful links to connect with Barry Silbert

 

Platform	Link
X (formerly Twitter)	https://twitter.com/barrysilbert
Digital Currency Group (DCG) Website	https://dcg.co
Grayscale Investments	https://www.grayscale.com
LinkedIn Profile	https://www.linkedin.com/in/barrysilbert

 

The Second Market

 

Before starting DCG, Silbert started Second Market, a platform that streamlines complicated transaction procedures, improves investor relations, and verifies the accreditation of mutual funds and private companies to help them raise capital and provide liquidity to interested parties.