CoinGecko considers a sale amid a surge in crypto market activity

The CoinGecko cryptocurrency data analytics platform is considering a strategic sale at an estimated valuation of approximately $500 million. The company has engaged investment bank Moelis to facilitate the sale process, according to two individuals familiar with the details of the deal.

The decision to consider a sale comes at a time when the crypto sector is experiencing an unprecedented surge in merger and acquisition activity. Over the past few months, the industry has undergone a qualitative transformation—from advisory acquisitions to targeted consolidation aimed at scaling and establishing a stronger market presence.

Details of the process and platform valuation

Moelis, one of the leading investment banks, has been engaged as the primary advisor in this process. At the time of the sale process launch at the end of 2025, one informant emphasized that the valuation remains preliminary, as negotiations are still in the early stages.

CoinGecko did not comment on the request for confirmation. Moelis also declined to make public comments on this matter. The anonymity of the informants is maintained due to confidentiality, which is standard practice in such large-scale processes.

Record year for crypto deals

Considering a sale of the platform at this valuation gains additional significance against the backdrop of an unusually active year in the crypto industry. According to PitchBook, 2025 set records in the field of mergers and acquisitions in the crypto sector—with 133 deals documented totaling approximately $8.6 billion USD.

This figure exceeds the total volume of all transactions over the previous four years, indicating a qualitative transformation of the market. Among the most notable acquisitions were Coinbase’s purchase of Deribit for $2.9 billion and Kraken’s acquisition of trading platform NinjaTrader for $1.5 billion.

Additionally, the target acquisitions include companies specializing in payments, data, infrastructure, and trading platforms. These trends reflect a broader movement within the crypto industry toward institutional strengthening and regulated infrastructure.

CoinMarketCap as a precedent

To understand the potential value of CoinGecko, it is important to look at a similar deal involving a competitor. Binance, the world’s largest crypto exchange by trading volume, acquired CoinMarketCap—one of the most influential cryptocurrency data aggregators and direct competitor to CoinGecko—in April 2020.

Reports indicate that the value of this deal reached up to $400 million in combined stock and BNB token value. Therefore, the valuation of CoinGecko at $500 million reflects the growth in value of similar platforms for sale within the context of expanding the crypto ecosystem and increasing institutional demand.

CoinGecko as an industry asset

CoinGecko was founded in 2014 by TM Lee and Bobby Ong as an independent platform providing comprehensive analysis of the crypto market. Over the past decade, the company has gained status as one of the most valued platforms for aggregating and analyzing market data in the crypto industry.

The strategic value of CoinGecko lies in its extensive database, analytical capabilities, and position as a neutral information source. Unlike CoinMarketCap, which is now controlled by Binance, CoinGecko has remained independent, giving it a unique position in the market.

Consolidation as a new paradigm

This move toward selling the platform to sell its market position reflects a broader trend of consolidation. The crypto industry has shifted from an era of fragmented, often competing projects to an era of planned integration and synergy creation.

The growth of institutional capital and the qualitative change in regulatory clarity have created conditions where companies seek partners to expand their presence. In this context, platforms for selling assets and operations are becoming critically important.

Companies specializing in data and analytics have become strategic assets. They provide a competitive advantage and allow larger players to scale faster while maintaining critical infrastructure under their own control.

Future prospects

The context in which the sale of the CoinGecko platform is considered indicates that the cryptocurrency industry has matured for consolidation. Institutional players, regulated infrastructure, and emerging technical capabilities create a favorable environment for significant deals.

The final deal value and structure remain subject to ongoing negotiations. However, the very consideration of selling a platform to sell its operations is a clear indicator of how the crypto industry landscape is changing—from fragmented to consolidated, from speculative to institutional.