Wang Feng, the founder of Chinese crypto news outlet Marsbit, has revealed that his firm is willing to lead a group of well-known funds to buy CoinDesk, a crypto news outlet.

He stated that he believes in the future of the crypto industry and that he is willing to provide infrastructure services in a down-to-earth manner, whether it’s trading or media.

He also expressed interest in speaking to any investment funds or companies interested in partnering on this.

The news comes as CoinDesk’s parent company, Digital Currency Group (DCG), is looking to sell the news outlet as it faces troubles with its other subsidiary Genesis, which filed for Chapter 11 bankruptcy on January 20.

Charles Hoskinson, the founder of Cardano, has also expressed interest in buying CoinDesk and stated that the current asking price for the news site is around $200 million.