CoinDesk

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CoinDesk
IndustryNews / media / indices / events
Founded1 May 2013
Founder(s)Shakil Khan
ParentBullish (since Nov 2023); previously Digital Currency Group (2016–2023)
Websitecoindesk.com

CoinDesk is a digital-asset news, research, indices and events company. It was founded by Shakil Khan and launched on 1 May 2013 as a bitcoin-focused news resource.[1] Digital Currency Group acquired CoinDesk in January 2016. Bullish Global acquired it from DCG on 20 November 2023; CoinDesk continues as an independent subsidiary within the Bullish group.[2][3]

History

Early coverage described CoinDesk as aiming to be a dedicated trade publication for bitcoin and digital currencies. In September 2013 Jon Matonis joined as a contributing editor. On 21 August 2013 CoinDesk launched a beginner-oriented information centre, and on 11 September 2013 it launched the CoinDesk Bitcoin Price Index (BPI), an average of qualifying exchange prices intended as a retail reference.[4]

Digital Currency Group (2016–2023)

In January 2016 Digital Currency Group (DCG) acquired CoinDesk. Contemporary TechCrunch reporting put the price around $500–600k; DCG had previously invested in the outlet.[5] Under DCG, CoinDesk expanded newsroom coverage, research, indices and the Consensus conference franchise.

Bullish acquisition (2023)

On 20 November 2023 Bullish Global announced that it had acquired CoinDesk from DCG. Bullish stated that CoinDesk would operate as an independent subsidiary within the Bullish group and that existing management would continue; financial terms were not disclosed in the company announcement.[2][3]

See also

External links

References