CoinGecko Seeks Sale: The End of the Era of Crypto Data Independence
Author: BlockWeeks
There has always been a tacit consensus regarding the two major crypto data platforms: CoinMarketCap (CMC) is Binance’s “traffic empire,” while CoinGecko is an “independent beacon” for the community.
However, as Moelis & Company shuttled between Wall Street and Silicon Valley with a $500 million offer, this last beacon seemed poised to go out. For those who witnessed CoinGecko’s rise from a desk in Kuala Lumpur in 2014, this was not just an acquisition, but a pause in the crypto data industry’s transition from a “grassroots era” to a “capital harvesting period.”
If this deal goes through, it will echo the sale of CMC in 2020, together defining two distinct eras for encrypted data infrastructure.
