Digital Currency Group (DCG) is considering selling a portion or 100% of crypto-specialist publication CoinDesk to “raise capital to drive its future growth.” About it The Wall Street Journal said CEO Kevin Worth. The DCG subsidiary has received “numerous signals of interest” from potential buyers over the past few months, the executive said. The upper bar for proposals was $200 million. In 2022, the media received an income of $50 million. In 2016, the Digital Currency Group (DCG) purchased the publication for $500,000–600,000. CoinDesk turned to investment bank Lazard for help structuring the deal. On the eve of the holding,
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Author: NixCoin