CoinGecko eyes a potential sale worth $500M
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CoinGecko is considering a sale that could approach a $500 million valuation. The sale echoes Binance's $400M acquisition of CoinMarketCap in 2020.
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CoinGecko, a leading crypto market data aggregator, is exploring a potential sale worth around $500 million, according to a report from CoinDesk. While the discussions remain private, the company has hired investment bank Moelis to advise on the process.
The Malaysia-based firm operates one of the most widely used crypto data platforms, tracking real-time price, volume, exchange activity and token performance across thousands of assets. CoinGecko has become the go-to resource for retail traders, institutional analysts and builders.
If completed, the sale would mark one of the most high-profile deals in crypto infrastructure in recent years. The move draws comparisons to Binance's acquisition of CoinMarketCap in 2020, which is reported to be worth up to $400 million in equity and BNB tokens.
CoinGecko has not officially confirmed the sale. At the time of writing, the company continues to operate independently.
