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CoinGecko CEO Addresses $500M Acquisition Reports

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CoinGecko’s CEO, Bobby Ong, acknowledged on Thursday that the corporate is exploring “strategic alternatives” following media stories suggesting the agency is pursuing acquisition presents valued at roughly $500 million.

“After near 12 years of growing CoinGecko as a self-funded enterprise, a typical query I encounter issues our future route.

What I can reveal right now is that CoinGecko is increasing and sustaining profitability, whereas witnessing heightened institutional curiosity as conventional finance sectors more and more undertake cryptocurrency,” Ong stated on LinkedIn.

Media stories, attributed to sources with information of the scenario, revealed that CoinGecko is exploring a doable sale with an estimated valuation of $500 million.

Moelis Tapped as CoinGecko Courts Wall Street Acquisition

Insiders indicated the corporate has enlisted Moelis to supply advisory companies for this course of, though one supply emphasised it’s untimely to find out a exact valuation since negotiations commenced solely in late 2024.

Moelis is a longtime Wall Street funding banking agency specializing in strategic monetary steering throughout mergers and acquisitions, restructuring, and capital markets for companies, having facilitated over $5 trillion in transactions spanning numerous sectors.

In a put up on X, Ong acknowledged receiving quite a few inquiries following latest press protection and expressed appreciation for the curiosity.

He indicated that after main CoinGecko alongside Co-founder and President TM Lee for greater than ten years, “like all rising and worthwhile firm, we repeatedly consider strategic alternatives to strengthen our enterprise and speed up our mission.”

This assertion suggests CoinGecko is actively pursuing acquisition alternatives and positioning the deal towards conventional Wall Street institutional consumers quite than enterprise capital corporations.

While Ong declined to deal with particular negotiations, he expressed enthusiasm about “potentialities that allow us to raised serve customers and facilitate institutional crypto adoption.

It’s price noting that CoinMarketCap, one other crypto market knowledge platform, was bought by crypto change Binance in 2020 for an estimated $400 million.

When announcing that acquisition, Binance clarified that whereas each the change and its BNB token had been featured on the platform, “CoinMarketCap and Binance stay separate entities adhering to a strict independence coverage.

More than 5 years later, crypto trade observers consider a $500 million valuation for CoinGecko is cheap, provided that crypto knowledge has change into more and more beneficial and Wall Street knowledge intelligence corporations command considerably increased valuations.

For occasion, Bloomberg L.P., although privately held, is estimated to be price tens of billions, recent calculations recommend over $120 billion based mostly on a 2008 stake transaction, with present annual revenues surpassing $13 billion as of early 2025.

$8.6B in Crypto Deals: Polygon, Fireblocks Lead 2026’s M&A Explosion

The amount and worth of mergers, acquisitions, and preliminary public choices throughout the cryptocurrency house surged all through 2025, with dealmaking hitting a record $8.6 billion as a extra accommodating regulatory stance within the United States inspired traders and monetary establishments to re-enter the sector.

According to a report by the Financial Times, 267 crypto-related offers had been accomplished in 2025, marking an 18% enhance from 2024.

Total deal worth surged practically 300% in contrast with final 12 months’s $2.17 billion.

CoinGecko $500M Acquisition - Transaction Volume at Record Levels in 2025 Chart
Source: Architect Partners

Market members anticipate momentum to hold into 2026 as regulatory readability improves throughout main jurisdictions.

Already in 2026, Polygon Labs’ not too long ago revealed plans to accumulate cryptocurrency change Coinme and crypto pockets infrastructure supplier Sequence for over $250 million.

Additionally, blockchain infrastructure agency Fireblocks announced Wednesday it acquired TRES Finance, a crypto accounting and monetary reporting platform, for over $130 million to fulfill rising demand for “audit-ready, tax-compliant” monetary documentation for blockchain-based companies.

On January 12, Bakkt Holdings, Inc. revealed its settlement to accumulate Distributed Technologies Research Ltd. (DTR), advancing its technique to develop stablecoin settlement and programmable cost capabilities by means of an all-equity transaction involving shares representing 31.5% of an outlined “Bakkt Share Number.”

The put up CoinGecko CEO Addresses $500M Acquisition Reports appeared first on Cryptonews.

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