TechFlow news, according to The Block, DCG announced in its quarterly shareholder letter this week that it has fully repaid all short-term debt as of June, returning over $1 billion to creditors over the past 18 months.
Currently, DCG's only remaining debt is an $1.1 billion promissory note from its bankrupt crypto lending unit Genesis, with a maturity date of 2032. After completing its restructuring plan, Genesis has begun repaying most of its creditors since August, including cryptocurrency exchange Gemini.
DCG stated that 99% of Genesis's more than 200,000 creditors will receive full repayment. Meanwhile, Grayscale, DCG's asset management arm, has launched nine new products, including BTC and ETH Mini products, which have attracted over $270 million and $220 million in inflows respectively.
