PRESS RELEASE. 17 Aug 2023 (BVI) – Linkbase Technology Limited, the parent company of the global cryptocurrency exchange CoinCatch expressed the intention to participate in the strategic investment in CoinDesk to strengthen the crypto media landscape amidst the current challenging market conditions. This intention is driven by a shared vision to fortify CoinDesk’s position as a leading crypto media outlet, providing unwavering support during the crypto winter while facilitating the widespread adoption of cryptocurrencies among an ever-expanding global audience.
CoinDesk, an influential figure in cryptocurrency media since its establishment in 2013, has recently experienced organizational changes as its parent company, Digital Currency Group (DCG), looks to welcome strategic investors. CoinDesk’s legacy of delivering comprehensive news, analysis, and insights within cryptocurrency and blockchain space is acknowledged. The company’s dedication to fostering informed conversations and promoting industry development remains steadfast.
The recent news of CoinDesk’s editorial staff layoffs and the potential investment deal led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6 have prompted speculation about the company’s future. Amidst these developments, Linkbase Technology is willing to extend its support to CoinDesk, recognizing the importance of a resilient media platform during transformative periods.
“While CoinDesk navigates through industry transitions, we firmly believe in the power of accurate and insightful journalism to propel the cryptocurrency narrative forward,” says Iris A., the CEO of CoinCatch, “Our intention is a testament to our belief in CoinDesk’s potential to adapt, evolve, and continue serving the crypto community.”
Earlier in March 2023, Linkbase Technology introduced its very first cryptocurrency exchange platform, CoinCatch. It was founded in 2022 with a mission to build the platform with KOLs for traders, offering spot and derivatives trading for most major coins. Boasting branch offices in Singapore, Canada, Hong Kong, and Dubai, CoinCatch swiftly made its mark as a full-category digital asset trading platform.
As a trailblazer in blockchain technology and innovation, Linkbase Technology Limited recognizes the pivotal role of accurate information dissemination in shaping the future of cryptocurrencies. By participating in CoinDesk’s strategic investment, Linkbase Technology Limited aligns itself with a media outlet that shares its vision for education, awareness, and industry growth.
About CoinCatch
CoinCatch is a British Virgin Island-registered full-category digital asset trading platform with branch officers in Singapore, Canada, Hong Kong, and Dubai. It was founded in 2022 with a mission to build the platform with KOLs for traders, offering spot and derivatives trading for most major coins. CoinCatch aims to offer a variety of trading products, including social trading, allowing its KOL partners to share their trading strategies inside out with their followers.
CoinCatch prioritizes the needs of both retail and institutional investors, providing a user-friendly interface with advanced trading tools while ensuring the highest level of security and reliability. It has obtained a Money Service Business (MSB) under the Financial Crimes Enforcement Network (FinCEN) of the US Department of Treasury, and a Money Service Business (MSB) under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) of Canada.
For more information, visit https://www.coincatch.com/en/. Sign up now and start trading cryptocurrencies with ease on our secure and user-friendly platform!
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