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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

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

Governments Bet on Critical Minerals While Investors Panic | John Passalacqua – First Phosphate

We Flew to Germany to Find the Mining Stocks Everyone’s Talking About | Munich Conference Day 1

Red Cloud Fall Mining Showcase 2026 | Day 2

Recommended

First Majestic Hits 4.24 g/t Gold Over 48.8 Metres at Saval as Jerritt Canyon Restart Advances

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Related News

Chinese Police Bust Massive Money Laundering Gang That Used Tether to Launder $1.7 Billion

Chinese authorities arrested numerous people accused of using the tether stablecoin to launder nearly $2...

Monday, December 12, 2022, 08:50:40 PM

Binance Sheds Over 1,000 Jobs Amid Mounting Regulatory Pressure

Binance is reportedly downsizing its workforce in the wake of mounting regulatory scrutiny and legal...

Saturday, July 15, 2023, 03:22:00 PM

New Crypto Bill Aims to Apply Bank Secrecy Act Rules to Digital Asset Firms

Senators Thom Tillis (R-NC) and Bill Hagerty (R-TN), both members of the Senate Banking, Housing,...

Saturday, April 13, 2024, 09:31:00 AM

European Country Exploring Possibility of Bitcoin Payments

Liechtenstein, a small country located in the Alps of Western Europe, may soon follow the...

Tuesday, May 9, 2023, 04:37:00 PM

No ID, No Trading: EU Now Requires Identification For All Crypto Transactions

The Council of the European Union has given final approval to the Markets in Crypto...

Wednesday, May 17, 2023, 11:31:00 AM