Bitcoin-Focused Investment Firm Brings On Western Union, Lawrence Summers

Digital Currency Group, an investment firm focused on bitcoin and blockchain startups, is adding investors and advisers, bringing on Western Union Co. and former Treasury Secretary Lawrence Summers.

The actions, which also include an expansion of the board of the six-month-old firm, aim to strengthen the investment company as it shifts its focus from the virtual currency bitcoin to its underlying technology, blockchain.

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