CoinDesk Acquired by Digital Currency Group

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Leading Bitcoin media and events company CoinDesk has been acquired by Barry Silbert’s Digital Currency Group. According to Reuters, the editorial and business teams at CoinDesk will merge with DCG’s new events platform, doubling its size and forming a new New York-based subsidiary focused on providing news coverage, research, and events.

CoinDesk also unveiled its plans to produce Consensus 2016, its second annual blockchain technology conference, at the New York Marriott Marquis on May 2-4, 2016.

CoinDesk is the newest addition to the DCG group of companies, which includes Genesis Global Trading, an institutional-focused digital currency trading desk, and Grayscale Investments, an asset manager that manages the Bitcoin Investment Trust (Symbol: GBTC).

“We are excited to join the DCG family of companies,” said CoinDesk CEO, Jeremy Bonney. “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.”

CoinDesk is the main source of Bitcoin and blockchain news and analysis, as well as providing its commonly cited Bitcoin Price Index and other data tools.

Barry Silbert, founder and CEO of Digital Currency Group, said:

“It has been impressive to watch CoinDesk’s evolution over the past two and a half years, and we are committed to investing in new products and people that will further enhance the CoinDesk and Consensus brands.”

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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