Crypto Exchange Bullish Buys News Website CoinDesk
Coinscreed
21 Nov 2023 8:21 AM
Cryptocurrency exchange Bullish said on Monday it has acquired crypto news website CoinDesk from Barry Silbert's Digital Currency Group (DCG). Crypto...
- Cryptocurrency exchange Bullish has acquired crypto news website CoinDesk from Digital Currency Group.
- Bullish plans to invest heavily in CoinDesk's international growth.
- Former Wall Street Journal chief editor, Matt Murray, has been named chair of CoinDesk's editorial committee.
- Bullish aims to improve CoinDesk's media, events, and indexing capabilities.
- CoinDesk will operate as a stand-alone division of Bullish under the leadership of CEO Kevin Worth.
- The acquisition brings opportunities for product development and growth in the cryptocurrency market.
- Matt Murray's addition as chair of CoinDesk's editorial committee ensures journalistic independence.
The overall sentiment of the article is positive, highlighting the strategic significance of the acquisition and the potential for growth and expansion in CoinDesk's services and influence within the cryptocurrency industry.