DMG Blockchain Solutions Invests $2 Million in Crypto Company Bosonic

Fazzaco learned that DMG Blockchain Solutions (DMG), a vertically integrated blockchain and cryptocurrency technology company, has invested $2 Million in Bosonic, a California-based crypto company.

According to the press release, DMG's investment in Bosonic is a strategic initiative targeted at institutional adoption of cryptocurrencies and is synergistic with its recent investment in Brane Capital.

DMG's investment is laser focused on accelerating the development of its Blockseer Core+ strategy. The investment in, and resulting partnership with Bosonic, facilitates DMG's access to Bosonic's two primary technology infrastructures: (1) institutional exchange; (2) Layer-2 blockchain-powered clearing and settlement solutions designed to eliminate counterparty credit and settlement risk. Bosonic is currently the only non-custodial marketplace technology infrastructure for institutions and fiduciaries to transact from the safety of their own custodial accounts with zero counterparty credit and settlement risk.