Digital Currency Group, Inc. (DCG), the industry’s most active investor and business incubator, has announced that it has been joined by a group of new investors including Western Union, Beijing-based HCM International Company, and several family offices, investment managers, and funds including Gibraltar Ventures, OMERS Ventures, Horizon Kinetics, Kingsbridge Wealth Management, and Wood Investment Partners.

“Over the past six months, we have worked with our investors and other corporate partners to create new models for partnership that create value and opportunity for our portfolio companies, our investors, and the broader corporate ecosystem. Our aim is to help companies learn together and build partnerships that leverage the unique strengths and insights of each stakeholder”, said Barry Silbert, Founder & CEO of DGC.

In addition, DCG announced the appointment of new members to its board and advisory team.

Glenn Hutchins and Lawrence Lenihan have joined the DCG Board of Directors. Hutchins is the Chairman of North Island and a Co-Founder of Silver Lake. He is a director of both AT&T and Nasdaq, Inc.; a director of the Federal Reserve Bank of New York; vice chairman of both the Brookings Institution and the Economic Club of New York; and a member of the Executive Committee of the New York Presbyterian Hospital. He is also an owner and member of the Executive Committee of the National Basketball Association’s Boston Celtics.

Lenihan is the Co-Founder and Co-CEO of Resonance, a venture operating that invests in early-stage fashion brands. Prior to Resonance, Lenihan founded FirstMark Capital in New York City. He is an Adjunct Professor at NYU’s Stern School where he teaches Next Generation Retail.

In addition, Dr. Lawrence H. Summers and Gavin Andresen are joining the DCG team as Senior Advisors. Dr. Summers has served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama. Dr. Summers is currently the Charles W. Eliot University Professor and President Emeritus at Harvard University.

Gavin Andresen is one of the developers of the bitcoin protocol, and was the lead developer for several years after the anonymous creator of bitcoin, Satoshi Nakamoto, stepped back. He is currently with the MIT Digital Currency Initiative.

Silbert concluded saying: “We are honored to have the support of so many fantastic investors and advisors and the trust of our portfolio companies and subsidiaries who are looking to us for not just capital, but an opportunity to leverage our insights and engage with our broad network. The DCG family continues to grow, and we are excited to continue supporting and building meaningful businesses in the digital currency and distributed ledger space.”