TLDR Crypto · MARKETS & BUSINESS

COINDESK BOUGHT BY CRYPTO EXCHANGE BULLISH

theverge.com2 min read

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.