First DAG

A crypto payments platform to help merchants accept stablecoins.

Business Software
Acquired by Fireblocks
Acquired Ramat Gan, Israel Founded 2017
Last updated 2026-07-26
Total raised
$21.0M
Last: Undisclosed Round 2018-08
Stage
Acquired
Founded
2017
Headcount
1-10
HQ
Ramat Gan, Israel
Sector
Business Software

About

First Digital Assets Group (First DAG) was an Israeli company that developed a global digital payment platform for payment service providers (PSPs) and acquirers. The platform provided tools to make it safe and simple for merchants to accept digital payments such as Diem, central bank digital currencies, and stablecoins. First's services included liquidity provision (OTC), a digital-asset enterprise wallet, algorithmic trading, and custodian, asset management, and advisory services.

Funding history · 1 round · $21.0M total

1 event/round · $21.0M Total Funding: $21.0M in Private Equity
Mar 2019
Seed $21.0M globes.co.il ↗
★ iAngels★ Yariv Gilat★ TargetGlobal★ Ronald Cohen★ Target Global★ Sir Ronald Cohen★ Mangrove Capital Partners★ Scale-Up Crypto Capital (Scale-Up Venture Capital)Scale-Up Venture Capital (Scale-Up Crypto Capital)

Headcount over time

16 employees (2026-09) · 1 point
16 16 2026-09

Offices

Ramat Gan, Israel · HQ / main office

Q&A

What is First DAG's primary business?
First Digital Assets Group (First DAG) was an Israeli company that developed a global digital payment platform for payment service providers (PSPs) and acquirers, enabling merchants to accept digital payments such as Diem, central bank digital currencies, and stablecoins.
When was First DAG founded?
First DAG was founded in January 2017.
What was the total amount of funding raised by First DAG?
First DAG raised a total of $22,000,000.
When was First DAG acquired and by whom?
First DAG was acquired by Fireblocks in February 2022 for $100,000,000.
What kind of services did First DAG offer?
First DAG's services included liquidity provision (OTC), a digital-asset enterprise wallet, algorithmic trading, and custodian, asset management, and advisory services.
What was a notable partnership for First DAG prior to its acquisition?
In February 2021, Fireblocks and First DAG launched institutional Diem infrastructure for Virtual Asset Service Providers (VASPs).
Who are the founders of First DAG?
The founders of First DAG are Ran Goldshtein and Yariv Gilat.

Team · 4

Ran Goldshtein
Founder · CEO
Guy Hadar
COO
Daniel Prinz
CTO
Yinon Zohar
VP Product

Sectors & technology

Primary sector
Business Software
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Data StorageDLT & BlockchainPlatforms & InterfacesWeb
Target customers
Enterprise & Professional ServicesSMBs & SMEsEnterprisesFinancial ServicesFinancial InstitutionsBanksInvestment & Portfolio ManagementPrivate EquityCustodian
Business model
B2BB2B2C

Highlights

Verified
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Website.
LinkedInlinkedin.com/company/18609343

Identifiers & details

Legal nameFirst Digital Assets Group
Former namesFirst DAG
Founded2017-1
Employees (exact)16
Status reasonAcquired (Inactive) by Fireblocks on Feb 2022 - closed due to acquisition

Acquisitions & public offerings

Acquired by Fireblocks 2022-02 $100.0M

Radar intelligence

Web history (Wayback)

Domain.

Certificate / subdomain footprint

Subdomains0

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)515829869
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2018-04-15
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)yes
Last annual report2020
Active charges / liens0
Registry events0
Registered addressדרך בגין מנחם 11 רמת גן