CoinDesk, an award-winning media outlet covering the cryptocurrency industry, recently underwent significant changes after being acquired by the Bullish group in November 2023. The Bullish group, majority-owned by Block.one, is a regulated digital assets exchange with interests in various blockchain and digital asset businesses. As part of the acquisition, CoinDesk now operates as an independent subsidiary with an editorial committee to safeguard journalistic independence.
Under the new ownership, CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation. Despite this change, the media outlet continues to uphold a strict set of editorial policies, ensuring high-quality and unbiased reporting in the cryptocurrency space. This acquisition marks a new chapter for CoinDesk, allowing for further growth and expansion in the digital assets industry, while maintaining its commitment to high journalistic standards.
The acquisition of CoinDesk by the Bullish group signifies a strategic move in the digital assets market, as both companies have significant holdings in digital assets, including bitcoin. With a focus on transparency and accountability, CoinDesk aims to continue providing valuable insights and coverage of the ever-evolving cryptocurrency landscape, backed by its dedicated team of journalists and editorial policies.
