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Bullish Acquires CoinDesk from Digital Currency Group

Ex-NYSE Chief Tom Farley's Crypto Exchange to Inject Capital into CoinDesk, Ensuring its Independence and Growth

  • Barry Silbert's Digital Currency Group (DCG) has sold crypto news site CoinDesk to Bullish, a digital asset exchange led by ex-NYSE chief Tom Farley.
  • The deal was an all-cash transaction, but the exact terms have not been disclosed.
  • CoinDesk will operate as an independent subsidiary of Bullish, with the existing management team remaining in place.
  • Matt Murray, former editor-in-chief of The Wall Street Journal, will head a newly formed editorial committee at CoinDesk to ensure journalistic independence.
  • Bullish plans to inject capital into CoinDesk to help scale the operation and launch new services, events, and products.
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