CoinGecko Acquires Zash, Expanding Cryptocurrency Offering
CoinGecko's acquisition of Zash is driven by the belief that NFTs will continue to evolve and unlock new opportunities worldwide.
CoinGecko, a leading crypto data provider, has announced its acquisition of Zash, an NFT data infrastructure and intelligence company. This acquisition marks a significant expansion of CoinGecko's data offerings, as it now includes both fungible and non-fungible token (NFT) data.
Founded in 2021, Zash has established itself as a prominent provider of enterprise-grade NFT data, covering over 87 unique marketplaces across Ethereum, Polygon, Binance Smart Chain, Solana, and Bitcoin Ordinals. Their offerings encompass NFT metadata, historical trades, lending data, and advanced wash trade detection capabilities.
Why Acquire Zash?
CoinGecko's acquisition of Zash is driven by the belief that NFTs will continue to evolve and unlock new opportunities worldwide. With Zash's comprehensive NFT data coverage, CoinGecko will be able to provide its users with the most reliable and accurate information about this rapidly growing market.
The acquisition of Zash is expected to provide several benefits to CoinGecko's users, including:
- Access to the most comprehensive NFT data coverage in the market
- Enterprise-grade NFT data across multiple blockchains
- NFT metadata and historical trades
- Wash trading detection for major collections
- Improved NFT floor price tracking
CoinGecko expects to incorporate new NFT data API endpoints into its offering by Q2 2024. Additionally, Zash's NFT data infrastructure will be gradually integrated into CoinGecko's NFT floor price tracker next year.
The acquisition of Zash is a major milestone for CoinGecko, as it positions the company as a leading provider of both fungible and non-fungible token data. CoinGecko is committed to providing its users with the most reliable and accurate information about the cryptocurrency market, and this acquisition represents a significant step forward in achieving that goal.
