KEY POINTS
  • Bullish, a digital asset exchange run by ex-NYSE chief Tom Farley, has acquired CoinDesk from Digital Currency Group.
  • Terms of the purchase have not yet been disclosed.
  • The CoinDesk sale is the latest sign that Barry Silbert's crypto empire is dwindling.
Barry Silbert, Founder and CEO, Digital Currency Group 

After months on the market, crypto news site CoinDesk has finally been acquired by a business that's run by the former president of the New York Stock Exchange.

Bullish, a digital asset exchange led by ex-NYSE chief Tom Farley, has purchased CoinDesk from Barry Silbert's Digital Currency Group. It's the latest sign that Silbert's crypto empire, which had vaulted its founder into the billionaire ranks, continues to fall apart.