The news Monday that cryptocurrency heavyweight Digital Currency Group would be relocating to Connecticut creating more than 300 jobs in the burgeoning financial technology sector could be a major win for Gov. Ned Lamont’s Department of Economic and Community Development.
But it was quickly overshadowed by reports that Oak HC/FT, the venture capital firm founded by first lady Annie Lamont, was an early investor in DCG though Oak HC/FT sold its stake earlier this year, before the state formalized its deal with DCG, according to state officials.