Time Magazine continues to warm up to crypto, naming Digital Currency Group and Coinbase in the magazine’s 2021 Top 100 Most Influential Companies list.
Published on April 27, the Top 100 emphasized the impact the two crypto giants have made over the past 12 months. The list consisted of four different categories — Pioneers, Leaders, Innovators and Disrupters.
Digital Currency Group was categorized as a Disrupter alongside other big names such as Tesla, Huawei, Shopify and Clubhouse. Time noted that the DCG is “demystifying crypto for investors” through its subsidiaries, asset manager Grayscale and crypto news website CoinDesk. As of today Grayscale has $45.5 billion total assets under management, or AUM:
“In January 2020, Grayscale’s Bitcoin Trust became the first financial product backed entirely by digital currency to report to the Securities and Exchange Commission—opening the Trust (and, by extension, the blockchain) to more potential investors.”
While Grayscale had a mammoth performance over the past year, its parent company’s inclusion