Focus on the BIG picture.
Wednesday, Jun 10, 2026
Outside the box.
CoinDesk Is trying to load off assets in order to survive.
CoinDesk, a cryptocurrency-focused media company, has retained investment bankers at Lazard, to help it explore options including a partial or full sale, according to its chief executive officer.
“Over the last few months, we have received numerous inbound indications of interest in CoinDesk,” CoinDesk CEO Kevin Worth, said.
The last year was marked by a series of crypto bankruptcies as the Federal Reserve boosted interest rates, deflating the most speculative investments.
Amid fallout in the crypto industry since F T X’s collapse, CoinDesk’s parent company, Digital Currency Group, is staring down its own troubles.
Other CoinDesk’s parent company businesses, such as fund manager Grayscale Investments and bitcoin miner Foundry also face significant challenges.
The last year was marked by a series of crypto bankruptcies as the Federal Reserve boosted interest rates, deflating the most speculative investments.
Amid fallout in the crypto industry since F T X’s collapse, CoinDesk’s parent company, Digital Currency Group, is staring down its own troubles.
Other CoinDesk’s parent company businesses, such as fund manager Grayscale Investments and bitcoin miner Foundry also face significant challenges.
