This Crypto Exchange Acquired Crypto Media Company CoinDesk: Report

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…

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