{"id":32012,"date":"2023-01-19T04:38:49","date_gmt":"2023-01-19T04:38:49","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/19\/crypto-news-site-coindesk-hires-banker-to-explore-potential-sale\/"},"modified":"2023-01-19T04:39:52","modified_gmt":"2023-01-19T04:39:52","slug":"crypto-news-site-coindesk-hires-banker-to-explore-potential-sale","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/19\/crypto-news-site-coindesk-hires-banker-to-explore-potential-sale\/","title":{"rendered":"Crypto news site CoinDesk hires banker to explore potential sale"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<br \/><img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/www.reuters.com\/resizer\/JV9_2z7D2Ppeuej6tQZPYYnu69M=\/1200x628\/smart\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/YLIKWS7CWVKU5APZEJUFPV3R2U.jpg\" \/><\/p>\n<div>\n<p data-testid=\"paragraph-0\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">Jan 18 (Reuters) &#8211; Crypto outlet CoinDesk Inc is exploring a full or partial sale of its enterprise and has employed funding financial institution Lazard Ltd <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/companies\/LAZ.N\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">(LAZ.N)<\/a> to guide the method, the media firm&#8217;s chief government stated on Wednesday.<\/p>\n<p data-testid=\"paragraph-1\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">The crypto trade goes by way of one in every of its worst phases, with costs of main tokens at two-year lows and a string of <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/technology\/crypto-companies-crash-into-bankruptcy-2022-12-01\/\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\">bankruptcy filings from top players<\/a>.<\/p>\n<p data-testid=\"paragraph-2\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">&#8220;My aim in hiring Lazard is to discover varied choices to draw progress capital to the CoinDesk enterprise, which can embody a partial or full sale,&#8221; CEO Kevin Price instructed Reuters in an announcement.<\/p>\n<p data-testid=\"paragraph-3\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">The event comes amid an trade turmoil, which started with the crash of secure cash TerraUSD and Luna early final 12 months.<\/p>\n<p data-testid=\"paragraph-4\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">Extra lately, prime crypto trade FTX filed for chapter, whereas publicly traded Coinbase World Inc <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/companies\/COIN.O\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">(COIN.O)<\/a> laid off a fifth of its workforce after slashing over 1,000 jobs final 12 months.<\/p>\n<p data-testid=\"paragraph-5\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">New York-based CoinDesk launched in 2013 to trace Bitcoin, however the platform has emerged as a key supply of reports and pricing benchmarks for the complete vary of crypto currencies.<\/p>\n<p data-testid=\"paragraph-6\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI\" style=\"font-size:20px\">The corporate is wholly owned by crypto-focused enterprise capital agency Digital Forex Group, which additionally has curiosity in Coinbase, in accordance with its web site.<\/p>\n<p><span data-testid=\"Text\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__default__UPMUu sign-off__text__PU3Aj\">Reporting by Yuvraj Malik in Bengaluru; Enhancing by Subhranshu Sahu<\/span><\/p>\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Our Requirements: <a data-testid=\"Link\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">The Thomson Reuters Trust Principles.<\/a><\/p>\n<\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/www.reuters.com\/markets\/deals\/crypto-news-site-coindesk-hires-banker-explore-potential-sale-2023-01-19\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jan 18 (Reuters) &#8211; Crypto outlet CoinDesk Inc is exploring a full or partial sale of its enterprise and has employed funding financial institution Lazard&#8230;<\/p>\n","protected":false},"author":1,"featured_media":32013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-32012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto news site CoinDesk hires banker to explore potential sale - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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