CoinDesk welcomes American Banker's Marc Hochstein as Managing Editor

CoinDesk, a leading digital media company focused on digital currencies and blockchain technology, has announced that outgoing American Banker editor-in-chief Marc Hochstein is joining as the company’s first Managing Editor.

A 17-year veteran of SourceMedia, Hochstein will now be working hands-on with editorial content, while helping to lead CoinDesk’s next phase of expansion.

At American Banker, Hochstein was responsible for some of the earliest mainstream coverage of bitcoin. 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.

Founded in 2013, CoinDesk has become one of the top websites globally dedicated to chronicling the evolution of digital assets and blockchain technology.

“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.”

Hochstein’s appointment follows a string of hires for CoinDesk. Recently, veteran PaymentsSource journalist Bailey Reutzel and CNBC and Roubini analyst Ash Bennington joined 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," editor-in-chief Pete Rizzo said.