Forkast & CryptoSlam Merge To Form Crypto News Site

January 17, 2023

Story: Mohd Javed

Forkast News and data tracker CryptoSlam, two Animoca-backed firms, have joined hands to form a new crypto news website.

The new crypto firm will provide news as well as tools for investors to track digital assets.

The deal marks the latest tie-up in an industry struggling to secure funding after FTX’s collapse.

As per the company’s release, Forkast News founder Angie Lau, a former Bloomberg TV anchor, and CryptoSlam creator Randy Wasinger will share CEO duties for the newly combined entity.

The merger, which has about 60 employees globally, will find a way to generate sustainable profit, Lau said.

CryptoSlam, launched in 2018, is one of the most-used NFT trackers like Bored Ape Yacht Club avatars.

Animoca Brands founder Yat Siu, who continues to make investments in crypto despite series of collapses and bankruptcies, has become one of the most influential crypto investors.