Digital Currency Group manages the publicly traded Bitcoin Investment Trust (Symbol: GBTC) – were combined with seed investments founder Barry Silbert had made in the bitcoin and blockchain space. In 2016 DCG partnered with Amazon Web Services to create a laboratory environment allowing companies to experiment with blockchain technologies. Established in 2013, Grayscale is a digital currency investing firm. It manages the Bitcoin Investment Trust (BIT), provides titled, auditable bitcoin exposure through a traditional investment vehicle. BIT shares are the first publicly quoted securities solely invested in, and deriving value from, the price of bitcoin. The Trust trades under symbol: GBTC on the
Virtual currency Virtual currency Virtual currency, or virtual money, is a type of unregulated, digital money, which is issued and usually controlled by its developers and used and accepted among the members of a specific virtual community. The U.S. Commodity Futures Trading Commission has warned investors against pump and dump schemes that use virtual currencies. The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury, defined virtual currency in its guidance published in 2013. In 2014, the European Banking Authority defined virtual currency as "a digital representation of value that is neither issued by a central bank or a public