This Crypto Exchange Acquired Crypto Media Company CoinDesk: Report

BeInCrypto
BeInCrypto

20 Nov 2023 1:22 PM

Reportedly, a crypto exchange run by the former New York Stock Exchange (NYSE) President has acquired crypto media company – CoinDesk....

  • The Wall Street Journal (WSJ) has reported that the crypto publication CoinDesk has been acquired by the crypto exchange Bullish.
  • CoinDesk's parent company, the Digital Currency Group (DCG), has been facing financial turmoil since the collapse of FTX.
  • Bullish, led by Tom Farley, the former President of the New York Stock Exchange (NYSE), has acquired a 100% stake in CoinDesk.
  • This is a developing story.

The sentiment of the article is neutral, as it presents the information about the acquisition without expressing a positive or negative opinion.

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Who acquired CoinDesk?What is the parent company of CoinDesk?Who is Tom Farley?What is the current financial situation of the Digital Currency Group?What is the source of this information?

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