Digital Currency Group is reportedly selling shares from its most prized crypto funds at a steep discount as the digital asset giant navigates financial woes

• Digital Currency Group is selling some of its top assets at a steep discount, per the Financial Times.  
• The news comes as the crypto conglomerate's lending unit, Genesis, filed for bankruptcy protection last month. 
• The company told Insider that offloading assets "is simply part of our ongoing portfolio rebalancing."

Digital Currency Group is selling shares of its prized investment vehicles to repay its bankrupt lending arm's creditors, according to a Financial Times report.

DCG has started to offload holdings at a steep discount from Grayscale, the parent company's asset management arm, according to US securities filings cited by the FT.