CoinDesk Soon to Change Hands in $125M Deal

A group of investors led by Matthew Roszak from Tally Capital and Peter Vessenes from Capital6 is said to be nearing completion of an acquisition deal for crypto media firm CoinDesk, people familiar with the matter told the Wall Street Journal.

Tally Capital is a private investment firm specializing in crypto and Web3 technologies, while Capital6 is a family office and venture-capital firm. Sources close to the situation revealed that the agreement, which is in its final stages, would see the deal contain an enterprise value around $125 million.

Further details on the potential transaction were not provided.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

CoinDesk has carved out a niche for itself as a popular source in the rapidly evolving world of cryptocurrency and blockchain technologies.

Followers of the space were arguably less than thrilled when the news broke.

Information for this story was found via the WSJ. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Cambria’s Silver Coin Infill Program Delivers 98.56 g/t Gold Over 8.2 Metres

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Related News

Crypto Investments In 2021 Surpass All Prior Years Combined

Venture capital funds have piled over $30 billion into cryptocurrencies this year, which is substantially...

Tuesday, December 21, 2021, 10:19:00 AM

Institutions Starting To Look At Decentralized Tokens – The Daily Dive feat Noelle Acheson

For this afternoons episode of The Daily Dive, we sit down with Noelle Acheson, whom...

Friday, April 2, 2021, 12:04:00 PM

SEC Lawsuit Triggers Massive Withdrawals from Binance

Data from analytics firm Nansen reveals that investors have withdrawn approximately $790 million from the...

Tuesday, June 6, 2023, 02:07:00 PM

Crypto Money Laundering Soared 30% in 2021

Money laundering involving cryptocurrencies soared by 30% last year, as cyber criminals increasingly turn to...

Saturday, January 29, 2022, 03:31:00 PM

Google Expands Crypto Wallet Search to Include Bitcoin, Major Blockchains

Google (Nasdaq: GOOG) Search is now allowing users to view the token balances of wallets...

Monday, April 1, 2024, 12:59:00 PM