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Zenger
Zenger
Justin Roberti

Investors Eye CoinDesk Purchase Amid Crypto Winter

Wall Street Journal reported that a “syndicate of investors” was in the closing stages of a $125 million deal to purchase CoinDesk. IGOR GOLOVNIOV/GETTY IMAGES 

Last week, the Wall Street Journal reported that a “syndicate of investors” was in the closing stages of a $125 million deal to purchase CoinDesk. Founded in 2013 and sold to DCG in 2016, CoinDesk has been an important voice in the crypto world as an online publication and for its Consensus events.

Zenger News interviewed visionary investor Tim Draper, who expressed an optimistic outlook on the expected sale.

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