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It’s interesting to note how the Nova York stock exchange is trying to bring blockchain to Wall Street without disrupting the existing system. It’s like bringing innovation while keeping everything running the way it always has.
CoinDesk, which is a well-respected media outlet in the crypto space (has even won the Polk Award for covering the FTX case), is covering this development. But there’s one important detail here: CoinDesk is part of Bullish, which is a global digital assets platform focused on institutional clients. Bullish is listed on the (NYSE:BLSH) and provides market infrastructure and information services.
So what does this mean in practice? Bullish invests in digital asset businesses, and CoinDesk employees, including journalists, can receive compensation in Bullish stock. It’s like a declared conflict of interest, you know? The company follows strict editorial policies and principles that aim to ensure integrity and independence, but it’s good to be aware of this connection when you’re reading about blockchain and Wall Street there.
The interesting thing is that this strategy by the stock exchange to bring blockchain without dismantling what already exists shows how institutions are embracing the technology more cautiously. Wall Street wants the benefits, but with security. And companies like Bullish are right in the middle of this transition, trying to be the bridge between the crypto world and traditional institutions.