Digital Currency Group – the cryptocurrency firm founded and spearheaded by Barry Silber, announced today that it will be shutting down its trade execution and prime brokerage unit – TradeBlock.
Due to the state of the braoder economy and prolonged crypto winter, along wiht the challenging regulatory environment for digital assets in the US, we made the deision to susnet the institutional traading platform side of the business, known as TradeBlock, effective May 31, 2023.