CoinDesk
| CoinDesk | |
| |
| Founded | 2013 |
|---|---|
| Key People | Kevin Worth, CEO, Kevin Reynolds, Editor-in-Chief |
| Products | News, Events, Indices |
| @CoinDesk | |
| Profile | |
| Website | https://www.coindesk.com |
CoinDesk is a native crypto financial news media website and events and indices company founded in May of 2013 and owned by Digital Currency Group. CoinDesk was founded by the entrepreneur Shakil Khan, who sold the company to DCG in 2016 for $500,000.[1][2]
It was founded in the nascent years of cryptocurrency and blockchain after bitcoin's 2009 arrival.
CoinDesk is the operator of the popular Consensus conference.
In November of 2023, Bullish, the crypto exchange run by Thomas W. Farley, bought 100% of CoinDesk in an all-cash deal. The financial terms of the deal were not disclosed. Bullish said that CoinDesk’s management team, led by chief executive Kevin Worth, would stay in place and that the publication would operate as an independent subsidiary within Bullish.[3]
History[edit]
In July of 2013, CoinDesk launched a price reference rate for bitcoin, which was sourced and quoted by major media worldwide.
In 2015, CoinDesk hosted the first-ever global crypto and blockchain conference named “Consensus.”
CoinDesk became a subsidiary of Digital Currency Group in 2016. DCG bought CoinDesk for $500,000. It had 10 full-time employees and 700,000 monthly readers at the time of the sale.[4]
The CoinDesk subsidiary continues to operate independently of its parent company.
Kevin Worth joined CoinDesk in 2016 as CEO of the company after having served as president and CEO of The Deal.[5]
The longtime Wall Street Journal journalist Michael Casey joined CoinDesk in 2019 as chief content officer.
In 2021 CoinDesk acquired TradeBlock, a provider of indices and institutional trading tools for digital currencies. It was rebranded as the CoinDesk Bitcoin Price Index (XBX).
In 2019, DCG announced that CoinDesk would moved into offices in Manhattan that also included other DCG companies.[6]
Products and Services[edit]
- Online news
- Indices
- Events
Key People[edit]
- Kevin Worth - CEO
- Michael Casey - Chief Content Officer
- Kevin Reynolds - Editor-in-Chief
- Nick Baker - Deputy Editor-in-Chief
References[edit]
- ↑ Silbert’s Once-$10 Billion Crypto Empire Is Showing Cracks. Bloomberg.
- ↑ Angel Investor, Spotify Fixer Shakil Khan Launches Coindesk, A Bitcoin Resource. Techcrunch.
- ↑ Company Led by Former NYSE President Buys Crypto News Site CoinDesk. The Wall Street Journal.
- ↑ CoinDesk's quietly profitable media business. Axios.
- ↑ About. CoinDesk.
- ↑ CoinDesk to Move Into Same Building as Owner Digital Currency Group. CoinDesk}.