CoinGecko, which provides data and analysis services for cryptocurrency markets, is evaluating a potential sell-off at a valuation of approximately $500 million.
According to two sources close to the matter, the company has begun working with investment bank Moelis to advise on the sale process. The sources, who requested anonymity due to the confidentiality of the process, stated that the discussions are still in their early stages.
Another source stated that a definitive valuation has not yet been determined because the sales process began in late last year.
The potential sale of CoinGecko coincides with a period of accelerating merger and acquisition (M&A) activity in the crypto sector. According to PitchBook data, the volume of announced M&A deals in the crypto sector reached approximately $8.6 billion in 2025; with 133 deals, this surpassed the total for the previous four years.
Last year’s notable transactions included Coinbase’s acquisition of Deribit for $2.9 billion and Kraken’s acquisition of NinjaTrader for $1.5 billion. In addition, numerous smaller strategic acquisitions took place in the payment systems, data, infrastructure, and transaction platforms sectors.
On the other hand, CoinMarketCap, a competitor of CoinGecko, was acquired by Binance, the world’s largest cryptocurrency exchange, in April 2020. The transaction was reportedly completed with a valuation of up to $400 million, involving a combination of shares and BNB tokens.
*This is not investment advice.
