Summary
TLDR: CoinDesk, a leading cryptocurrency news outlet, was acquired by the Bullish group in November 2023. Bullish group is majority owned by Block.one and both groups have interests in blockchain and digital asset businesses. CoinDesk will operate independently with an editorial committee ensuring journalistic integrity.
Key Points
1. CoinDesk is a leader in news and information on cryptocurrency, digital assets, and the future of money, striving for the highest journalistic standards and abiding by strict editorial policies.
2. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Both groups have interests in various blockchain and digital asset businesses, with significant holdings of digital assets, including bitcoin.
3. CoinDesk operates as an independent subsidiary under Bullish group, with an editorial committee being formed to ensure journalistic integrity, chaired by a former editor-in-chief of The Wall Street Journal.