Charles Hoskinson, CEO of Input Output Global, the firm behind the Cardano blockchain, is interested in purchasing the crypto news website CoinDesk.
The latter is exploring a potential sale as its sister firm slid into bankruptcy. CoinDesk’s Kevin Worth recently asserted that the publication was receiving “numerous inbound indications of interest.”
The exec is yet to check CoinDesk’s books or financials, but he believes that the asking price of $200 million is a “bit overpriced.” DCG acquired the media company for roughly $500,000 in 2016.
The publication reportedly hired advisors at Lazard as it explored ways to move away from Barry Silbert’s Digital Currency Group.