Coindesk for sale? Investors Circle Crypto News publication in the middle of the bankruptcy of Genesis-

according to reports, investors are interested in buying Coindesk, a news publication for cryptocurrencies. On January 18, Wang Feng, founder of the China -based news magazine Marsbit, announced his intention to buy Coindesk together with other members of the crypto industry. This message is followed by a report by Semafor from the end of November 2022, according to which Coindesk received takeover visits from several investors.

Alleged sales price of Coindesk: $ 200 million or more, since Charles Hoskinson and Marsbit show the interest in buying

reports investors consider buying the cryptocurrency newspaper Coindesk after a subsidiary of the Digital Currency Group (DCG), Genesis Global Capital, stored for insolvency protection. Coindesk is an independent news and conference company that is completely owned by DCG.

According to Charles Hoskinson, co -founder of Ethereum and founder of Cardano, the fact that the required price for the Coindesk news agency Coindesk is around $ 200 million has stated with the matter. Hoskinson has expressed interest in the purchase of Coindesk, as in A youtube-video with the title "Buy Coindesk".

The offer of Hoskinson in the amount of $ 200 million is under the estimate that Semafor was given at the end of November 2022 according to sources The news publication that investors were interested in buying coindesk. At that time, Bradley Saacks and Liz Hoffman from Semafor reported that there was a "recommended purchase price of $ 300 million". The report added that the matter declared the matter that the estimate of $ 300 million was "considered too low".

Bradley Saacks from Semafor said that Coindesk generates most of his income from events such as the Consensus conferences and advertising. Saacks notes that the pool of revenue "shrinks quickly". In addition to Charles Hoskinson, Wang Feng, the founder of the China -based news magazine Marsbit, is also announced to acquire the publication. Marsbit is a news publication supported by Binance, the largest cryptocurrency exchange according to trading volume.

Wang announced that Marsbit was ready to "organize a number of well -known funds to acquire and integrate Coindesk together," said the tweet of the founder. He also explained that the Consensus conference business would be included in the takeover. Coindesk was originally founded in 2013 by an entrepreneur Shakil Khan who is also a co -founder of Prima Materia and an early investor from Bitpay.

Coindesk was taken over by DCG in January 2016 for an estimated amount of $ 500,000 to $ 600,000. Rel = "noopener"> test report by techcrunch reporter Lucas Matney. Coindesk published a The takeover, finding that they were "excited" to join DCG, and that DCG was one of the "earliest investors and supporters" by Coindesk.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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