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.

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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

In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ' The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write.

Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the EuropeanCommission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.

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