Last updated 2026-07-26
- Acquired by Fireblocks for $100M, Feb 2022
- Raised $21M Seed round led by iAngels, Mar 2019
Total raised
$21.0M
Last: Undisclosed Round 2018-08
Stage
Acquired
Founded
2017
Headcount
5
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
2019-03
Seed
$21.0M
★ iAngels★ Yariv Gilat★ TargetGlobal★ Target Global★ Sir Ronald Cohen★ Dynamic Loop Capital★ Scale-Up Venture Capital★ Mangrove Capital PartnersRonald CohenScale-Up Crypto Capital (Scale-Up Venture Capital)
Headcount over time
From 2 (2020-10) to 5 (2025-12) · +3 (+150%) · 4 points · source: Finder history + radar grounding
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 · 2
Ran Goldshtein
Founder · Founder & CEO
Yariv Gilat
Founder · Founder
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 | . |
|---|---|
| linkedin.com/company/18609343 |
Identifiers & details
| Legal name | First Digital Assets Group |
|---|---|
| Former names | First DAG |
| Founded | 2017-1 |
| Employees (exact) | 5 |
| Status reason | Acquired (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
| Subdomains | 0 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515829869 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-04-15 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2020 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | דרך בגין מנחם 11 רמת גן |