Tom Farley’s crypto exchange, Bullish, bought 100% of CoinDesk in an all-cash deal.
Photo: Simon Dawson/Bloomberg NewsA company run by former New York Stock Exchange President Tom Farley said on Monday that it has acquired crypto-focused media company CoinDesk.
Bullish, the crypto exchange run by Farley, bought 100% of CoinDesk in an all-cash deal.
Financial terms of the deal weren’t disclosed.
Digital Currency Group, the parent company of CoinDesk, acquired the media company in 2016 for $500,000.
Persons:
Tom Farley’s, Simon Dawson, Tom Farley, Farley
Organizations:
Bloomberg, New York Stock Exchange, Digital Currency Group