Fox Business reporters have suggested that investment bankers are estimating the chance of acquiring the CoinDesk news platform at about $200 million. Nevertheless, some authorities argue that this amount is very high.
Charles Hoskinson, head of Cardano, has expressed an interest in acquiring media to restore journalistic honesty and introduce innovative industry technologies such as NFT.
After various unfortunate incidents affecting Digital Currency Group, rumors of a possible sale of CoinDesk have appeared. Last week, CNBC reported that financial consultants were involved in the transaction.
Shakil Khan founded CoinDesk in 2013; three years later, Digital Currency Group Corporation bought the site for $500,000. Last year's FTX fiasco was revealed by CoinDesk, which some experts believe may have contributed to its downfall.
