Summary
TLDR: CoinDesk is a cryptocurrency industry media outlet acquired by the Bullish group in November 2023. It operates independently with editorial policies in place and offers stock options to employees, including journalists. Both companies have interests in blockchain and digital asset businesses.
Key Points
1. CoinDesk was acquired by the Bullish group in November 2023, which is majority-owned by Block.one, with interests in blockchain and digital asset businesses.
2. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
3. All CoinDesk employees above a certain salary threshold, including journalists, are offered stock options in the Bullish group as part of their compensation.