CoinDesk could be up for grabs as parent company DCG scrambles for funds

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CoinDesk has enlisted investment bankers to help it weigh up potential sale options, as its parent company DCG looks to recoup funds.

CoinDesk and Genesis are among some 200 crypto-related businesses in DCG’s venture capital portfolio, according to its website. Other companies that DCG owns include asset management firm Grayscale Investments, crypto exchange Luno, and advisory firm Foundry.

Cointelegraph has reached out to CoinDesk for confirmation that a potential sale was being considered, but was yet to receive an answer at the time of publishing.

 

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I was trying to think where we are in the market right now, created these images to show my comparison with previous old bottom...trying to see if current bottoming looks familiar....and where we are currently positioned...thought it was interesting 😉

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