Could you please clarify the ownership relationship between CoinDesk and Coinbase? I've been hearing rumors that the two companies are somehow affiliated, but I'm not sure if they are actually owned by each other. Is it true that CoinDesk is owned by Coinbase? If so, what does this mean for the operations and independence of CoinDesk? Or is this simply a misconception and the two companies operate independently? I'd appreciate any clarification on this matter. Thank you.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    Daniele
    Wed Jul 03 2024
   
  
    The Journal reported that Bullish, a financial firm headed by former New York Stock Exchange (NYSE) President Tom Farley, has completed a significant acquisition. 
  
  
 
            
            
  
    
    Martino
    Wed Jul 03 2024
   
  
    Tom Farley's experience as a former NYSE President and his expertise in traditional financial markets will likely help Bullish navigate the rapidly evolving crypto landscape. 
  
  
 
            
            
  
    
    BonsaiStrength
    Wed Jul 03 2024
   
  
    CoinDesk's robust news coverage and analysis of cryptocurrencies and blockchain technology will provide Bullish with valuable insights and resources. 
  
  
 
            
            
  
    
    Ilaria
    Wed Jul 03 2024
   
  
    In an all-cash transaction, Bullish purchased 100% ownership of CoinDesk, a leading digital currency news and information outlet. 
  
  
 
            
            
  
    
    lucas_lewis_inventor
    Wed Jul 03 2024
   
  
    CoinDesk was previously owned by Digital Currency Group (DCG), a venture capital firm focused on investing in cryptocurrencies and blockchain technology.