Digital Currency Group acquires CoinDesk

Investing | January 14, 2016 By:

Digital Currency Group announced that it has acquired CoinDesk.

“We’ve watched the publication grow and establish itself as a leading source of journalism in the industry. In addition, they’ve done a phenomenal job of branching out into new areas like research and events,” said DCG director of growth Ryan Selkis.

“As the information needs of the blockchain ecosystem grow, CoinDesk will gain the resources and colleagues it needs to better serve readers with the high-quality, independent journalism readers have come to expect,” said CoinDesk CEO Jeremy Bonney.

The new subsidiary will continue the three existing offerings: the trade publication covering virtual currency and blockchain news; industry research reports on topics such as the BitLicense (New York State’s digital currency licensing regulation), cryptocurrency 2.0, and banks and the blockchain; and events, such as Consensus, which, in 2015, brought together more than 600 attendees, many from the largest Wall Street firms. CoinDesk also offers Bitcoin data, such as the Bitcoin Price Index, and tutorials.

Digital Currency Group one of the most active investors in Bitcoin startups. CoinDesk is a media company.