Bullish, the crypto exchange, announced that it acquired CoinDesk from the Digital Currency Group on Monday.
The terms of the acquisition were not made public. The Wall Street Journal reported that the exchange bought the media company in an all-cash deal.
Bullish announced that the current management team — led by CEO Kevin Worth — would stay in place. An independent Editorial Committee, helmed by former Wall Street Journal Editor-in-Chief Matt Murray, would be created to “ensure journalistic independence.”
“Bullish will immediately inject capital into several of CoinDesk’s most exciting growth initiatives which will power the launch of new services, events and products. We…
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