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How much did bullish pay to acquire CoinDesk?

Bullish paid close to $75 million to acquire CoinDesk. Here’s what we know about the company and its plans for crypto media When CoinDesk published a suspicious balance sheet of Sam Bankman-Fried's trading firm in November 2022, it set off a chain of events that would upend every corner of the crypto industry—including its own.

Will bullish global invest in CoinDesk?

Bullish Global plans to invest in CoinDesk’s global expansion and the growth of the media, events, and indexing businesses. CoinDesk will continue to be led by Kevin Worth and the existing management team and operate as an independent subsidiary within the Bullish Group. Terms of the transaction were not disclosed.

What will bullish do for CoinDesk?

“Bullish will immediately inject capital into several of CoinDesk’s most exciting growth initiatives which will power the launch of new services, events and products. We also want to express our unwavering support for CoinDesk’s commitment to journalistic independence.”

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