Hassan Maishera
TL;DR
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CoinGecko is exploring a potential sale for roughly $500 million, sources confirm to Coindesk.
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Binance acquired the rival platform, CoinMarketCap, in 2020, in a deal worth $400 million.
CoinGecko Seeks to Sell Platform for $500M
CoinGecko, a prominent crypto market data and analytics company, is exploring the possibility of a sale at a valuation of around $500 million. This is according to two sources familiar with the matter.
According to the CoinDesk report, CoinGecko has appointed investment bank Moelis to advise on the sale.
The sources who spoke on condition of anonymity revealed that it remains too early for a valuation to have been determined yet, as the process only began late last year.
This latest development comes as crypto companies have increased M&A activities in the past few months. Last year, disclosed M&A activity in the crypto sector reached about $8.6 billion, with a record 133 deals closed, surpassing the combined total of the previous four years.
Polygon recently announced the acquisitions of Sequence and Coinme as it moves to become a regulated U.S. payment platform.
The advent of AI has seen more users leveraging AI chatbots to obtain their information, resulting in media and data companies experiencing a decline in traffic. CoinGecko saw its traffic decline to approximately 18.5 million monthly in December 2025, compared to 43.5 million in 2024.
CoinGecko’s idea of a sale comes roughly six years after Binance, the world’s leading cryptocurrency exchange by trading volume, completed the acquisition of rival company CoinMarketCap, in a deal worth $400 million.
