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3.8%
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Launch
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If you're tracking the cryptocurrency industry, it's important to know what kind of media outlet CoinDesk is. They are a media outlet covering the industry and have even won journalism awards. Their editorial policies are quite strict, emphasizing integrity and editorial independence. However, an important disclosure is that CoinDesk is owned by a company called Bullish. Bullish is a platform providing market infrastructure and information services for institutional clients in the digital asset space, and is publicly traded on the NYSE (ticker: BLSH). This means that employees, including CoinDesk journalists, may receive stock-based compensation from Bullish. Because of this relationship with the parent company, it's a good idea to keep this background in mind when reading industry news. From a transparency standpoint, it's commendable that they disclose this information properly.