Bullish Accelerates Growth with CoinDesk Acquisition. ๐ณ๐๏ธ๐ฎ
Bullish, a prominent institutional digital assets exchange, has recently acquired CoinDesk, a leading media, events, and index platform in the finance industry. This strategic move aims to bolster CoinDesk's global presence and enhance its media, events, and indexing businesses. Here are the key highlights:
Leadership Continuity:
CoinDesk will continue to operate independently under the leadership of Kevin Worth and the existing management team, ensuring a seamless transition.
Capital Injection:
Bullish plans to infuse capital into CoinDesk's growth initiatives, enabling the launch of new services, events, and products.
Commitment to Independence:
Bullish emphasizes unwavering support for CoinDesk's journalistic independence, underlining the importance of unbiased reporting in the crypto space.
Editorial Committee Leadership:
Matt Murray, former Editor-in-Chief of The Wall Street Journal, assumes the role of Chair of CoinDesk's Editorial Committee, reinforcing the commitment to editorial excellence.
CoinDesk Indices Strength:
CoinDesk Indices, a leading provider of digital asset indices, continues to innovate with new indicators and expand its global client base.
Award-Winning Media:
CoinDesk Media, known for its award-winning news and analysis, remains a pivotal player in the crypto news landscape, with flagship conferences like Consensus drawing over 15,000 attendees in 2023.
Bullish's Trading Volume Milestone:
Since its launch in November 2021, Bullish has executed over $300 billion in total trading volume, establishing itself as a significant player in the institutional digital assets sector.
Regulatory Compliance:
Regulated by the Gibraltar Financial Services Commission, Bullish ensures best execution trading, deep liquidity, and tight spreads.
Strategic Advisory:
Lazard advised DCG and CoinDesk, while Citi played a key advisory role for Bullish in this transaction.
