Summary
TLDR: CoinDesk, a leading cryptocurrency news outlet, was acquired by Bullish group in November 2023. Despite the acquisition, CoinDesk will continue to operate independently with a focus on journalistic integrity. Bullish group is majority owned by Block.one and both have interests in blockchain and digital asset businesses.
Key Points
1. CoinDesk is a leader in news and information on cryptocurrency, digital assets, and the future of money. They strive for the highest journalistic standards and abide by a strict set of editorial policies.
2. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one and both groups have interests in a variety of blockchain and digital asset businesses.
3. CoinDesk operates as an independent subsidiary with an editorial committee being formed to support journalistic integrity.