(Reuters) – A bunch led by blockchain traders Matthew Roszak and Peter Vessenes is near closing a $125 million deal for cryptocurrency-focused media agency CoinDesk, The Wall Road Journal reported on Thursday, citing individuals acquainted with the matter.
CoinDesk is at the moment owned by crypto conglomerate Digital Forex Group (DCG), which purchased it in 2016. Any sale would probably bolster DCG’s monetary energy as the corporate seeks to rescue its Genesis unit from chapter.
DCG was additionally sued by Gemini, Genesis’ largest creditor, earlier this month after the businesses did not agree on a restructuring deal for the bankrupt unit.
CoinDesk, Roszak’s funding agency Tally Capital and the Vessenes household workplace didn’t instantly reply to Reuters requests for remark.
