1 year ago
Cryptocurrency quality institution Coindesk is seeking a purchaser done concern bankers, The Wall Street Journal reported Jan. 18.
Coindesk CEO Kevin Worth told the Journal that his institution has “received galore inbound indications of interest” successful caller months.
Worth did not bespeak which companies are funny successful buying Coindesk. However, helium told the quality outlet that Coindesk has engaged the fiscal absorption steadfast Lazard to research a imaginable transaction.
The CEO besides told the Journal that Coindesk could prosecute a afloat oregon partial sale, meaning that DCG whitethorn not suffer implicit ownership of the company.
Last November, Semafor reported that respective buyers — including concern firms and rival quality sites — were funny successful purchasing CoinDesk for upwards of $300 million.
Coindesk is presently owned by Digital Currency Group (DCG), which acquired the institution successful 2016 for $500,000-$600,000. Digital Currency Group besides owns the troubled cryptocurrency institution Genesis and respective different subsidiaries.
The station DCG’s CoinDesk receives buyout interest; exploring partial oregon afloat sale appeared archetypal connected CryptoSlate.
English (US) 