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DCG's crypto media CoinDesk has received multiple acquisition offers, with buyers bidding $300 million

2022-11-30 08:59:26
Collection

According to ChainCatcher, as reported by Semafor, DCG's crypto news site CoinDesk has received acquisition interest, with one proposed acquisition price of $300 million, which is considered to be undervalued. It is reported that CoinDesk generates approximately $50 million in revenue annually through traditional online advertising and its Consensus conference.

Sources say that CoinDesk has not officially initiated a sale process but has already attracted significant interest from a large number of potential buyers, including private equity firms, family offices, competitors like Blockworks, and hedge funds looking for distressed assets. (Semafor)

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