Outgoing American Banker editor-in-chief Marc Hochstein has joined CoinDesk Inc., the leading digital media, events and information services company for the blockchain industry.
A 17-year veteran of SourceMedia, Hochstein will serve as CoinDesk's managing editor, a role in which he'll be working alongside editor-in-chief Pete Rizzo and CoinDesk's New York editorial team, while helping lead the media startup's next phase of expansion.
At American Banker, Hochstein was responsible for some of the earliest mainstream coverage of bitcoin and the innovations it later inspired. His March 2014 feature article, "Why Bitcoin Matters for Bankers," won a regional award from the American Society of Business Publishers and Editors and was a Neal award finalist.
His hiring comes amid a wave of growth for CoinDesk, founded in 2013, that has seen it become one of the top websites globally due to its dedication to chronicling the evolution of blockchain tech.
"I am honored and thrilled to join CoinDesk to build on the brand's successes and take the platform to the next level," Hochstein said. "Bitcoin, cryptocurrency and distributed ledger technology represent a fascinating new market with staggering long-term implications for the future of digital commerce, and CoinDesk has set the standard for editorial quality, sophistication and integrity in covering this rapidly evolving space."
The move follows a string of hires for CoinDesk, which is rapidly investing to cement its status as the blockchain market's leader in news, data and information.
Hochstein follows PaymentsSource veteran Bailey Reutzel and Roubini analyst Ash Bennington as the latest to join the company's New York-based editorial team.
"With Marc's expansive industry expertise, CoinDesk is poised to enter a new phase of growth, one in which it will truly be able to live up to its distinction as the world's leading news and analysis website for blockchain," Rizzo said.
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