Summary
CoinDesk, a leading cryptocurrency news outlet, has been acquired by Bullish group, the owner of a regulated digital assets exchange. Bullish group is majority owned by Block.one, and both groups have interests in blockchain and digital asset businesses. CoinDesk will operate as an independent subsidiary and will establish an editorial committee to ensure journalistic integrity.
Key Points
1. CoinDesk is a leading news and information platform for cryptocurrency, digital assets, and the future of money. It is known for its high journalistic standards and strict editorial policies.
2. In November 2023, CoinDesk was acquired by Bullish group, the owner of Bullish, a regulated institutional digital assets exchange. Bullish group is majority owned by Block.one, and both groups have interests in various blockchain and digital asset businesses.
3. CoinDesk operates as an independent subsidiary and is forming an editorial committee chaired by a former editor-in-chief of The Wall Street Journal to ensure journalistic integrity.