Barry Silbert, Chief Executive Officer, Digital Currency Group. Photo credit: Rebecca Greenfield/Fortune, under Creative Commons license

Digital Currency Group (DCG), a cryptocurrency investment firm, has finalized a deal to acquire Luno, a popular London-based cryptocurrency exchange with over 5 million customers. Financial terms of the acquisition weren’t disclosed. Before now, DCG had been an investor in Luno, having participated in the company’s seed round in 2014. Altogether, Luno is known to have raised nearly $14 million in funding since its inception. Save for DCG, other notable investors in the company include Balderton Capital and Naspers-owned PayU.

Digital Currency Group, based out of New York, has apparently added yet another well-known crypto company to its portfolio. Before now, the investment firm had backed more than 160 companies across 35 countries, including popular names like BitPay, Brave, Chainalysis, Circle, Coinbase, and CoinDesk. Unlike in the case of many companies backed by DCG, the investment firm is taking outright ownership of Luno. Luno is being snapped up seven years after its founding. The company currently has nearly 400 employees.

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