CoinDesk, an award-winning media outlet covering the cryptocurrency industry, recently underwent a significant change in ownership. In November 2023, the Bullish group acquired CoinDesk from Digital Currency Group. The Bullish group, known for owning the regulated digital assets exchange Bullish, is majority-owned by Block.one. Both companies have interests in various blockchain and digital asset businesses, as well as significant holdings of digital assets such as bitcoin.
Despite the acquisition, CoinDesk continues to operate as an independent subsidiary with an editorial committee in place to safeguard journalistic independence. It’s worth noting that CoinDesk journalists and employees may receive options in the Bullish group as part of their compensation package.
The acquisition marks a new chapter for CoinDesk, as it aligns with the Bullish group’s vision for expanding its presence in the cryptocurrency market. This strategic move positions CoinDesk to leverage the resources and expertise of the Bullish group to enhance its coverage and deliver valuable insights to its audience.
As a trusted source of news and analysis in the cryptocurrency space, CoinDesk remains committed to upholding its editorial policies and providing accurate, timely information to its readers. With the backing of the Bullish group, CoinDesk is poised to continue its legacy of excellence in reporting on the ever-evolving world of digital assets.
For more information about CoinDesk and the Bullish group, visit their respective websites at coindesk.com and bullish.com. Stay tuned for the latest developments in the cryptocurrency industry as CoinDesk and the Bullish group work together to shape the future of digital finance.