Cryptocurrency Q&A
Did bullish buy CoinDesk?
Did bullish buy CoinDesk?
Alessandra
Tue Jul 09 2024
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5 answers
1248
Could you clarify the recent speculation surrounding the potential acquisition of CoinDesk by a bullish investor or entity? Has there been any official announcement or confirmation of such a transaction? Given the significance of CoinDesk in the cryptocurrency industry, would such a move be seen as a strategic one for the acquiring party? Furthermore, what implications could this have for the cryptocurrency market in general and for CoinDesk's future operations? Any insight or speculation you could provide would be greatly appreciated.
5 answers
HallyuHeroLegend
Thu Jul 11 2024
Tom Farley, the former president of the New York Stock Exchange, has emerged as the new owner of CoinDesk through his cryptocurrency exchange Bullish.
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JejuSunshineSoulMateWarmth
Thu Jul 11 2024
The acquisition was made in an undisclosed all-cash deal, as reported by The Wall Street Journal.
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Claudio
Thu Jul 11 2024
Tom Farley's Bullish purchased the entire CoinDesk site, ensuring its continued operation within the new ownership structure.
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CryptoGuru
Wed Jul 10 2024
Despite the change in ownership, CoinDesk's existing management team will remain in place.
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SumoPride
Wed Jul 10 2024
This ensures that the outlet will continue to operate as an independent subsidiary within Bullish.
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