Crypto exchange Bullish buys news website CoinDesk

Nov 20 (Reuters) - Cryptocurrency exchange Bullish said on Monday it acquired cryptocurrency news website CoinDesk from Barry Silbert's Digital Currency Group (DCG).

Financial terms of the deal, first reported by the Wall Street Journal, were not disclosed.

CoinDesk, which launched in 2013 and was bought by DCG three years later, will continue to be led by Kevin Worth and operate as an independent subsidiary within Bullish, the firm said.

CoinDesk also announced the appointment of Matt Murray, former editor-in-chief of the WSJ, to serve as chair of its editorial board tasked with ensuring journalistic independence.

Reporting by Manya Saini in Bengaluru; Editing by Shailesh Kuber

Our standards: The Thomson Reuters Trust Principles.

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