Summary
In November 2023, CoinDesk was acquired by Bullish group, the owner of Bullish, a regulated digital assets exchange. CoinDesk operates as an independent subsidiary and will maintain its journalistic integrity with the support of an editorial committee chaired by a former editor-in-chief of The Wall Street Journal.
Key Points
1. CoinDesk is a well-respected media outlet specializing in news and information on cryptocurrency, digital assets, and the future of money. They are known for their 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, including significant holdings of digital assets like bitcoin.
3. Despite the acquisition, CoinDesk continues to operate as an independent subsidiary. To ensure journalistic integrity, an editorial committee chaired by a former editor-in-chief of The Wall Street Journal is being formed to support CoinDesk’s editorial processes.