As the leading news site for all things crypto, CoinDesk is often thought to be owned by one of the largest exchanges in the space, Coinbase. However, this is not the case.
While Coinbase has invested in CoinDesk in the past, it does not currently have any ownership stake in the company.
This may come as a surprise to some, as Coinbase and CoinDesk have a close relationship. For example, Coinbase CEO Brian Armstrong is a regular contributor to CoinDesk’s “Ask an Expert” column and the two companies often partner on events and products.
NOTE: CoinDesk and Coinbase are two separate entities and not owned by each other. As such, information obtained from one may not necessarily be applicable to the other. Please do your own research before making any decisions based on the information you have read or received.
Despite their close relationship,Coinbase and CoinDesk are two separate companies with different missions. Coinbase is focused on building an easy-to-use platform for buying, selling, and storing cryptocurrencies.
In contrast, CoinDesk is focused on providing news and information about the cryptocurrency industry.
So while Coinbase and CoinDesk may seem like they are joined at the hip, they are actually two independent companies.
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Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Coinbase has been described as the most popular digital asset exchange in the world.
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