An investor group is in the final stages of purchasing cryptocurrency-focused media company CoinDesk, report Lauren Thomas and Vicky Ge Huang of The Wall Street Journal.
Thomas and Huang report, “The investor group is led by Matthew Roszak of Tally Capital, a private investment firm focused on crypto and blockchain-based technologies, and Peter Vessenes of Capital6, a venture-capital firm and family office, people familiar with the matter said.
“The transaction would have an enterprise value of about $125 million.
“CoinDesk’s parent company, Digital Currency Group or DCG, is expected to retain a stake in the media, events, data and indexes business as part of the deal, which is expected to be finalized in the next few weeks. CoinDesk’s current management is expected to stay in place, they said.”
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