Cardano blockchain co-founder Charles Hoskinson says he is considering acquiring CoinDesk to improve it into a community-integrated news site.
CoinDesk said Wednesday it had hired Lazard as a financial adviser to explore options, including a partial or full divestiture. The website is owned by Digital Currency Group, a conglomerate of Genesis Global Capital, which is expected to file for bankruptcy soon.
Hoskinson, who was once one of Ethereum’s co-founders, said in a video posted to Twitter that he heard the site could be sold for around $200 million, but said he had not yet seen CoinDesk’s financials.
“For $200 million, I believe it’s a bit pricey,” he said, “but I could pay if I really wanted to.”
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