Cryptocurrency exchange Bullish has acquired 100% of CoinDesk in an all-cash transaction

ChainCatcher news, the cryptocurrency exchange Bullish, led by former New York Stock Exchange president Tom Farley, announced the completion of its acquisition of CoinDesk in an all-cash transaction, with terms of the deal undisclosed. CoinDesk will operate as an independent subsidiary and retain editorial independence. Bullish stated that it will immediately inject funds into several growth initiatives for CoinDesk.

CoinDesk announced that former Wall Street Journal editor Matt Murray will serve as the chairman of the independent editorial board.