Summary
TLDR: CoinDesk is a media outlet covering the cryptocurrency industry. It was acquired by the Bullish group in November 2023 and operates independently with editorial policies in place. Employees, including journalists, receive stock options in the Bullish group as part of their compensation.
Key Points
1. CoinDesk was acquired by the Bullish group in November 2023, which is majority-owned by Block.one, a regulated digital assets exchange.
2. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
3. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.