Media
Business Description
CoinDesk, a New York-based media, events, and indices company founded in May 2013, operates three commercially distinct businesses serving the global cryptocurrency and blockchain industry.
CoinDesk Media runs a newsroom of more than 50 journalists covering markets, policy, technology, and regulation in the digital assets sector. The newsroom averages 5.7 million monthly viewers and approximately 3 million followers on X. It earned a George Polk Award and a Gerald Loeb Award, both in 2023, for reporting led by staff writer Ian Allison that exposed balance sheet irregularities at Alameda Research, the catalyst for the collapse of Sam Bankman-Fried's FTX exchange in November 2022. In December 2024, owner Bullish dismissed editor-in-chief Kevin Reynolds and deputy editors-in-chief Marc Hochstein and Nick Baker following a dispute over editorial independence involving coverage of Justin Sun; the firings triggered broader staff unrest. Earlier, in August 2023, CoinDesk cut approximately 20 editorial positions (45% of its editorial headcount) during restructuring under then-owner Digital Currency Group.
CoinDesk Events produces Consensus, the multi-city annual crypto conference it has hosted since its 2015 inaugural gathering in New York. Consensus 2025 took place May 14, 16 in Toronto with up to 15,000 attendees, featuring speakers including Eric Trump and Charles Hoskinson. For 2026, Consensus expanded to three locations: Miami Beach Convention Center (May 5, 7, targeting more than 25,000 attendees and 500 speakers), Hong Kong (February 10, 12, targeting 15,000), and Washington D.C. (September 24), a policy-focused satellite event.
CoinDesk Indices has operated since 2014, providing regulated digital-asset benchmarks with roughly $40 billion in assets currently benchmarked against its products across 100-plus global partners. The flagship CoinDesk Bitcoin Price Index (XBX), in continuous publication since 2014, served as the reference rate for the first U.S. and Canadian Bitcoin ETFs. The CoinDesk 20 Index, launched in 2024, has accumulated more than $15 billion in trading volume and underlies more than 20 investment vehicles globally. The indices unit holds FCA authorization in the UK, publishes more than 400 BMR-compliant products, and carries ISO 27001, SOC 1 Type II, and SOC 2 Type II certifications.
Digital Currency Group, Barry Silbert's investment firm, acquired CoinDesk in 2016 for $500,000 and sold the company to Bullish (the crypto exchange run by former NYSE President Tom Farley) in November 2023 in an all-cash deal reported at close to $75 million. In May 2026, Bullish announced a separate $4.2 billion acquisition of UK transfer agent Equiniti, framing the deal as building tokenized securities infrastructure that places CoinDesk's indices and events units within a broader regulated digital-asset product stack.