It may be the beginning of the end for CoinDesk’s foray into indexing as a whole new ballgame is being served up to the web’s number one bitcoin publication.
The CoinDesk takeover by Bullish has resulted in a few changes, including the departure of the CEO among other key staff.
100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President.
The investor letter noted that CoinDesk has enlisted the expertise of financial advisers to facilitate the process of onboarding new institutional and strategic investors, in collaboration with DCG.
As the highly anticipated Consensus 2023 conference, hosted by CoinDesk, got underway on April 26th, CoinW made its presence known as a deep partner of the event.
According to Kevin Worth the Chief Executive Officer of CoinDesk, the media firm has been getting a lot of offers with no decisions made yet.
Hoskinson predicted that the purchase would cost him around two hundred million USD and that he will examine the financial details before taking concrete action.
DCG is currently looking for ways to save its business and grow its capital.
Crypto news site CoinDesk has reportedly sparked buyout interest following the platform’s report on FTX and Alameda ties.
World’s most important cryptocurrency & blockchain event moves to Texas with industry partners, including the World Economic Forum, City of Austin, and Coin Center.
The new fund focused on DeFi tokens will allow the growing pool of investors to trade in decentralized financing.