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Crypto data platform CoinGecko weighs sale for around $500 million, sources say
Source: CryptoNewsNet Original Title: Crypto data platform CoinGecko weighs sale for around $500 million, sources say Original Link: CoinGecko, a prominent crypto market data and analytics company, is considering a sale at a valuation of around $500 million, according to two people with knowledge of the matter.
The firm has appointed investment bank Moelis to advise on the sale, the people said, who spoke on condition of anonymity as the matter is private.
A third person said it remains too early for a valuation to have been determined yet, as the process only began late last year.
CoinGecko did not respond to requests for comment. Moelis declined to comment.
The firm is exploring a sale as crypto dealmaking has accelerated over the past year, with record deal value and volume underscoring a consolidating market as companies seek scale, regulated infrastructure and strategic assets.