CoinDesk, the leading source of news and information on cryptocurrency, digital assets, and the future of money, has recently undergone an ownership change. In November 2023, CoinDesk was acquired by Bullish group, which is the 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, as well as significant holdings of digital assets, including bitcoin.
Despite the ownership change, CoinDesk continues to operate as an independent subsidiary. In fact, in an effort to maintain the highest journalistic standards and editorial integrity, an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.
This ownership change has raised some questions about how it might impact CoinDesk’s editorial policies and coverage. However, CoinDesk has made it clear that it will continue to strive for the highest journalistic standards and abide by a strict set of editorial policies. The media outlet aims to provide accurate, transparent, and unbiased coverage of the cryptocurrency and digital asset space, regardless of its ownership structure.
As an award-winning media outlet, CoinDesk has a reputation for delivering high-quality, reliable information to its readers. With its new ownership structure and commitment to maintaining editorial integrity, CoinDesk is poised to continue its role as a trusted source of information on cryptocurrency, digital assets, and the future of money.
The acquisition of CoinDesk by Bullish group and its majority owner, Block.one, represents a significant development in the cryptocurrency and digital asset space. It will be interesting to see how this ownership change impacts CoinDesk’s coverage and editorial direction in the future. However, based on the media outlet’s commitment to journalistic integrity and the formation of an editorial committee to support this, it seems likely that CoinDesk will continue to uphold its reputation as a trusted source of news and information for the cryptocurrency community.