CoinDesk’s New Chapter: Acquired by Bullish Group Yet Upholding Journalistic Integrity
CoinDesk has established itself as a distinguished media outlet in the cryptocurrency sector, known for its rigorous journalism and adherence to a stringent set of editorial guidelines. As of November 2023, the organization has undergone an ownership transition, having been acquired by the Bullish Group, which operates the regulated digital assets exchange, Bullish. The Bullish Group, in turn, is primarily owned by Block.one, an entity that has vested interests in various blockchain initiatives and possesses significant digital asset holdings, including Bitcoin.
Despite this new affiliation, CoinDesk functions as an independent subsidiary with a dedicated editorial committee ensuring the integrity of its journalistic endeavors. It is crucial to note that employees of CoinDesk, including those in journalistic roles, may be granted options in the Bullish Group as part of their overall compensation package. This arrangement underscores CoinDesk’s commitment to maintaining a level of separation between its editorial operations and the financial interests of its parent company.
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