Categories: OLD Media Moves

Forbes licenses its name to a crypto site

Forbes is partnering with NewCity Digital Ltd. to license its name to a new site focused on crypto markets called Forbes CryptoMarkets, reports Sara Guaglione of MediaPost.

Guaglione writes, “Forbes CryptoMarkets — which launched in beta this morning — is also the result of a partnership with trade.io, a financial institution based on blockchain technology.

“NewCity Digital is licensing the Forbes brand for the new venture and will run the Forbes CryptoMarkets site. Forbes, trade.io and NewCity Capital, a private investment company, are shareholders in NewCity Digital.

“Chien Lee, chairman of NewCity Capital and chairman of Forbes CryptoMarkets, states the partnership creates ‘a trusted source for those seeking information on the new digital economy, including Bitcoin, Ethereum, cryptocurrencies, tokens and the companies underlying them.’

“The site will serve as a data-driven portal that tracks cryptocurrencies worldwide. Forbes CryptoMarkets’ team of data scientists and programmers are leveraging cryptocurrency exchanges and blockchain data to provide real-time pricing and volume information on several thousand cryptocurrencies.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.