May 26, 2023

Digital Currency Group (DCG), the parent company of CoinDesk, is sunseting its trade execution and prime brokerage services unit, TradeBlock. This comes as the crypto conglomerate reported a loss of $1.1 billion in 2022 as it suffered the effects of the crypto bear market. Gerber Kawasaki Director of Get Invested Brett Sifling reacts to the news, saying "it's never nice to see less competition in the space."

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.