CoinGecko Explores Potential Sale Valued at $500 Million

CoinGecko, a prominent player in the crypto data industry, is reported to have enlisted Moelis & Company as an advisor to explore a possible sale that could estimate the company’s worth at approximately US$500 million. This development was first highlighted by CoinDesk.

Market Context and Timing

The discussions regarding the sale commenced late last year, and sources indicate that it’s premature to assign a definitive valuation at this stage. Interest in CoinGecko surges as the cryptocurrency trading market resumes momentum. Recent data from PitchBook, cited by CoinDesk, reveals that disclosed mergers and acquisitions in the crypto sector exceeded US$8.6 billion across 133 deals in 2025—surpassing the total value of the prior four years.

Significant Mergers in the Industry

Noteworthy transactions include Coinbase acquiring derivatives exchange Deribit for $2.9 billion and Kraken purchasing the trading platform NinjaTrader for $1.5 billion. These high-profile moves underline a trend of consolidation, demonstrating a mature market where buyers are gravitating towards large-scale, regulated infrastructures with defensible data assets.

Challenges for Crypto Data Platforms

However, CoinGecko and other data platforms are encountering challenges as web traffic wanes. Users are increasingly turning to AI tools for insights, diluting the traditional analytics services offered by these platforms. According to estimates provided by SimilarWeb, CoinGecko experienced around 18.5 million visits in December 2025, a significant drop from the 43.5 million visits recorded a year earlier. Meanwhile, CoinMarketCap’s traffic decreased to approximately 64 million visits from 157 million.

Background of CoinGecko

Founded in Kuala Lumpur in 2014 by TM Lee and Bobby Ong, CoinGecko has established itself as one of the most utilized crypto market data platforms globally. The platform’s API supports a range of exchanges, wallets, and financial institutions, underscoring its significance in the industry. Last year, Ong announced a record turnover for the company and offered employees a bonus equivalent to nine months’ salary, a testament to the team’s hard work and commitment.

Management Redesign and Future Prospects

To further reinforce its position, CoinGecko recently restructured its management team, appointing Ong as CEO, elevating Lee to president, and bringing Cedric Chan on board as CTO to spearhead technical advancements and AI integration initiatives. This strategic overhaul aims to enhance the platform’s competitiveness in the ever-evolving crypto landscape.

Awaiting Updates on Possible Sale

As of now, CoinGecko has not responded to inquiries regarding the potential sales process. Stakeholders eagerly await updates as developments unfold in what could be a transformative chapter for the company and the crypto data sector as a whole.

Featured Image: (L to R) Cedric Chan, TM Lee, and Bobby Ong