Wall Street Journal (WSJ) has reported that the crypto publication – CoinDesk- was acquired by a crypto exchange – Bullish.
Since the FTX collapse, CoinDesk’s parent – the Digital Currency Group (DCG), has been in financial turmoil. Hence, the sale of CoinDesk was on the table.
Finally, Tom Farley-led crypto exchange – “Bullish,” has acquired a 100% stake in CoinDesk. According to WSJ, Farley is the former President of the New York Stock Exchange (NYSE).
This is a developing story…