Acquisition Report: Crypto Exchange Bullish Acquires Full Ownership of CoinDesk from DCG, According to WSJ

Acquisition Report: Crypto Exchange Bullish Acquires Full Ownership of CoinDesk from DCG, According to WSJ


Bullish Acquires CoinDesk

Bullish, a digital currency exchange, acquired CoinDesk from Digital currency Group (DCG), as announced in a press release. The deal was led by former New York Stock Exchange (NYSE) President Tom Farley. The financial terms of the acquisition have not yet been disclosed. 

WSJ Editor-In-Chief to Chair Independent Editorial Committee

Former WSJ editor-in-chief Matt Murray will chair an independent editorial committee for CoinDesk, while the present editorial team will remain the same. Kevin Worth, CoinDesk’s CEO, and the existing management team will continue to lead the platform under Bullish. 

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Tom Farley’s Perspective

Bullish CEO Tom Farley commented on the acquisition, expressing the exchange’s commitment to inject financial resources into CoinDesk and support its journalistic independence while fueling the launch of new services, events, and products. 

Kevin Worth’s Thoughts

CoinDesk’s CEO Kevin Worth stated that he is thrilled to start the next phase of CoinDesk’s growth with the investment from Bullish, aiming to capitalize on opportunities ahead for product development and expansion. 

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DCG’s Barry Silbert Comments

DCG CEO Barry Silbert reflected on CoinDesk’s growth over the last 7 years, expressing his pride and confidence in the platform to thrive in partnership with Bullish. 

Hot Take

CoinDesk, a leading cryptocurrency media site, is now part of Bullish, a whole lot of acquisition that promises to fuel the expansion and expansion of CoinDesk’s services and products, as well as uphold its commitment to independent journalism.

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Cyrus Dailey stands as a luminary gracefully weaving the roles of crypto analyst, tenacious researcher, and editorial artisan into a captivating narrative of insight. Amidst the intricate world of digital currencies, Cyrus’s perspectives resonate like finely tuned melodies, captivating curious minds from a myriad of perspectives. Her ability to decipher complex threads of crypto intricacies melds seamlessly with her editorial finesse, transforming intricacy into a harmonious composition of understanding.

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