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

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

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

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Three Arrows Capital Explores Asset Sales, Possible Bailout Amid Potential Insolvency

Kyle Davies, co-founder of cryptocurrency-focused hedge fund Three Arrows Capital (or 3AC), has broken the...

Monday, June 20, 2022, 03:54:00 PM

Binance Officially Withdraws Its Services Out Of Canada

Binance, the cryptocurrency exchange that has been at the heart of numerous controversies including the...

Saturday, May 13, 2023, 07:14:00 AM

France Targets Bitcoin Wealth with New Unproductive Wealth Tax Plan

France is considering a significant shift in its taxation policy by proposing a tax on...

Saturday, December 7, 2024, 01:21:00 PM

Department of Justice Charges Two Estonians with $575 Million Cryptocurrency Fraud

Two individuals of Estonian nationalities were arrested on Monday and charged with 18 counts related...

Monday, November 21, 2022, 05:27:23 PM

Court Greenlights FTX’s $16.5 Billion Customer Reimbursement Plan

FTX has received court approval for its bankruptcy plan, allowing it to repay customers using...

Tuesday, October 8, 2024, 10:12:56 AM