Cryptocurrency information firm Coindesk is in search of a purchaser by means of funding bankers, The Wall Avenue Journal reported Jan. 18.
Coindesk CEO Kevin Price instructed the Journal that his firm has “obtained quite a few inbound indications of curiosity” in latest months.
Price didn’t point out which firms are focused on shopping for Coindesk. Nonetheless, he instructed the information outlet that Coindesk has engaged the monetary administration agency Lazard to discover a possible transaction.
The CEO additionally instructed the Journal that Coindesk might pursue a full or partial sale, which means that DCG could not lose full possession of the corporate.
Final November, Semafor reported that a number of consumers — together with funding corporations and rival information websites — had been focused on buying CoinDesk for upwards of $300 million.
Coindesk is at the moment owned by Digital Forex Group (DCG), which acquired the corporate in 2016 for $500,000-$600,000. Digital Forex Group additionally owns the troubled cryptocurrency firm Genesis and a number of other different subsidiaries.
