News Explorer — Decrypt and Rug Radio Are Set to Merge, Expanding Decrypt's Presence in the Web3 Ecosystem

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Dec 10, 12:30 am

Axios

Decrypt and Rug Radio Are Set to Merge, Expanding Decrypt's Presence in the Web3 Ecosystem

Decrypt, a crypto news company, has signed a letter of intent to merge with Rug Radio, a decentralized media company for web3 creators. This marks the third major crypto media deal in the past month, following acquisitions by The Block and CoinDesk. The merger will bring Decrypt further into the Web3 ecosystem and provide Rug Radio with access to wider distribution and closer proximity to the journalism brand.

Decrypt, a crypto news company, has signed a letter of intent to merge with Rug Radio, a decentralized media company for web3 creators. This marks the third major crypto media deal in the past month, following acquisitions by The Block and CoinDesk. The merger will bring Decrypt further into the Web3 ecosystem and provide Rug Radio with access to wider distribution and closer proximity to the journalism brand.

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