Company Led by NYSE Vice President Buys Crypto News Site CoinDesk

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A company run by a former New York Stock Exchange President Tom Farley said Monday that it has acquired crypto-focused media company CoinDesk.

Bullish, the crypto exchange run by Farley, bought 100% of CoinDesk in a cash-for-money deal. Financial terms of the deal were not disclosed. Digital Currency Group, the parent company of CoinDesk, acquired the media company in 2016 for $500,000.

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