Summary
TLDR: CoinDesk is a cryptocurrency media outlet acquired by the Bullish group in November 2023. They operate independently but have ties to Block.one and offer stock options to employees.
Key Points
1. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry, with journalists who abide by a strict set of editorial policies.
2. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated digital assets exchange. The Bullish group is majority-owned by Block.one, with interests in various blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
3. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. All employees above a certain salary threshold, including journalists, are offered stock options in the Bullish group as part of their compensation.