Digital Currency Group Acquires News Outlet CoinDesk

Coindesk, a leading industry news and media outlet has announced today that it has been acquired by Digital Currency Group.

Barry Silbert’s Digital Currency Group, an initial investor in Coindesk has now acquired the publication as a whole, with editorial and business teams at CoinDesk to reportedly merge with Digital Currency Group’s events platform to form a new subsidiary based in New York.

CoinDesk made the announcement on its website, which read:

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We are excited to announce that CoinDesk has been acquired by Digital Currency Group (DCG), a leader in the bitcoin and blockchain industry and one of CoinDesk’s earliest investors and supporters.

The new subsidiary will continue with current operations which include digital currency news, industry reach reports and events that will now be jointly hosted.

CCN congratulates CoinDesk and its team on the acquisition by Digital Currency Group.