CoinGecko Expands Services with Acquisition of NFT Data Provider Zash
Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof.
Terms of the deal remain undisclosed, but it marks the first of its kind for the popular rival to CoinMarketCap, both of which boast some of the highest site traffic in the industry. The latter company has already been acquired by Binance, the world’s largest crypto exchange.
CoinGecko tracks activity for over 11,000 cryptocurrencies traded across 900 exchanges, including data like price, volume, and circulating supply.
Meanwhile, Zash includes historical trade and lending data from 87 unique NFT marketplaces across Ethereum, Polygon, BNB Smart Chain, Solana, and Bitcoin Ordinals.
“As founders, we are wholeheartedly committed to a seamless transition until January, after which we’ll be exploring new opportunities in the burgeoning year ahead,” wrote Zash in its announcement about the acquisition on Wednesday.
Zash’s partners and clients will be able to use CoinGecko’s data API, which is already used by firms like MetaMask, Crypto.com, and Etherscan.
According to CoinGecko’s announcement, the firm plans to integrate Zash’s infrastructure data for NFTs into its own API by Q2 2024. This will include NFT metadata and historical trades, NFT lending data, and wash trading detection for Ethereum’s major collections.
1/ We believe that #NFTs will continue to unlock new opportunities globally. Acquiring Zash will allow us to supply you with fungible & non-fungible token data seamlessly, in one integrated offering.
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