Wu said: Blockchain media The Block is selling its shares for about 60 million USD

2023-08-04 20:24:18
Collection

According to ChainCatcher news, Wu said that the blockchain media The Block is selling more than 50% of its shares, valued at approximately $60 million, and has currently communicated with several interested parties. Earlier, Alameda loaned $27 million to Michael McCaffrey for the acquisition of The Block; it is unclear whether this sale of shares is related to repaying Alameda's debt. The Block CEO Larry denied this information to Wu said blockchain.

Meanwhile, CoinDesk is also selling shares worth $125 million held by DCG, with a total valuation exceeding $200 million.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators