DCG releases Q1 financial report, revenue increased by 51% year-on-year

BlockBeats news, on May 10, Digital Currency Group (DCG) released its Q1 financial report. Driven by the rise in cryptocurrency prices, its first quarter revenue was US$229 million, a year-on-year increase of 51%.

In addition, the revenue of Grayscale, DCG's largest subsidiary, was US$156 million, the same as the previous quarter.