Crypto market data firm CoinGecko is reportedly considering a sale for around $500 million.
The company is being advised by an investment bank in a process that began in late 2025, CoinDesk reported Tuesday (January 13), citing unnamed sources.
CoinGecko did not immediately respond to PYMNTS’ request for comment.
According to the CoinDesk report, another crypto market data aggregator, CoinMarketCap, was acquired by crypto exchange Binance in 2020 for an estimated $400 million.
When Binance announced the acquisition, it noted that digital currency exchange Binance and its native token BNB were listed on the site, but that “CoinMarketCap and Binance are separate entities that maintain a strict policy of independence from one another.”
It was reported on December 23 that the number and value of acquisitions and IPOs in the cryptocurrency sector increased in 2025, driven by the Trump administration’s favorable stance towards the industry.
Advertisement: Scroll to continue
The number of acquisitions saw a year-over-year increase of 18%, to 267, while the value of deals closed in 2025 was nearly four times that of 2024, reaching $8.6 billion.
The sector’s growth has been driven by Trump administration policies that include appointing crypto-friendly regulators, dropping lawsuits, and launching a national crypto reserve.
The sector’s momentum is expected to continue in 2026, with the implementation of new rules in the United States and the involvement of more traditional financial institutions in the sector.
Polygon Labs announced on Tuesday that it is set to acquire cryptocurrency exchange Coinme and crypto wallet infrastructure provider Sequence for more than $250 million.
“These acquisitions give us regulated access to US payment rails, wallet infrastructure and cross-chain intent capabilities to create an open payments business on top of on-chain settlement,” said Marc Boiron, CEO of Polygon Labs, in a press release.
Blockchain infrastructure company Fireblocks announced on Wednesday (January 7) that it had acquired TRES Finance, a crypto financial accounting and reporting platform. The company said the purchase was aimed at meeting growing demand from companies operating on blockchain to have financial records that are “audit-ready and tax-compliant.”
KRAKacquisition Corp, a special purpose acquisition company (SPAC) backed by a subsidiary of crypto exchange Kraken, filed for a $250 million IPO on Monday (January 12).
