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 by the time of publication. 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.
In 2025 alone, 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, according to PitchBook data.
Some of the major deals last year included Coinbase’s (COIN) $2.9 billion acquisition of Deribit and Kraken’s $1.5 billion purchase of NinjaTrader, alongside a string of smaller strategic buys across payments, data, infrastructure and trading platforms.
This surge reflects a broader shift from opportunistic transactions toward targeted consolidation and expansion as regulatory clarity improves and institutional participation grows.
Binance, the world’s largest cryptocurrency exchange by trading volume, completed its acquisition of CoinMarketCap, one of the most visited and influential crypto market data aggregators and CoinGecko's peer, in April 2020. The deal was reportedly valued at up to $400 million in a combination of equity and BNB tokens.
CoinGecko was founded in 2014 by TM Lee and Bobby Ong.
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coindesk.com