TLDR Crypto · MARKETS & BUSINESS
COINDESK BOUGHT BY CRYPTO EXCHANGE BULLISH
Summary from the TLDR Crypto newsletter
Crypto news outlet CoinDesk announced it was being acquired by Bullish, a crypto exchange led by ex-NYSE president Tom Farley. CoinDesk's parent company DCG has been facing financial issues in the wake of the collapse of FTX. CoinDesk will function as an independent subsidiary with its current management. A new editorial committee will be launched, overseen by former Wall Street Journal editor-in-chief Matt Murray.