Technology

DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis (Ian Allison/CoinDesk)

Photo of Grace Will Grace Will February 28, 2023
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DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis (Ian Allison/CoinDesk)
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Ian Allison / CoinDesk:

DCG reports 2022 revenue of $719M and a loss of $1.1B as the firm struggled with plunging crypto prices and the restructuring of its lending platform, Genesis  —  DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.



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