Crypto ranking website CoinGecko recently announced its acquisition of Zash, an on-chain non-fungible token (NFT) data analytics firm.
Established in 2021, Zash gathers data from over 80 marketplaces across various blockchains — including Polygon, Ethereum, BNB, Solana, and Bitcoin Ordinals.
Aligned with a vision where “any asset will be tokenized,” this acquisition enables CoinGecko to provide its users with reliable NFT data, covering metadata, historical trades, lending data, wash trading detection, and more.
Anticipated for integration into CoinGecko’s crypto data API by Q4 2024, this marks the first instance of CoinGecko acquiring an NFT data company.
Since its inception in 2014 by TM Lee (CEO) and Bobby Ong (COO), CoinGecko has actively provided crypto data, aiming to democratize access to such information.
The acquisition reinforces CoinGecko’s mission, expanding user access to both crypto and NFT data.
Despite the NFT market’s recent challenges compared to 2021 and 2022, CoinGecko remains optimistic, probably fueled by the positive uptrends in NFT sales volumes and values since the beginning of the month.
