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Cryptocurrency News Articles

CoinGecko Expands Crypto Empire with Zash Acquisition, Including NFT Analytics

Apr 28, 2024 at 04:04 am

CoinGecko, a prominent crypto data aggregator, has acquired Zash, an NFT analytics company. This strategic move aligns with CoinGecko's commitment to providing comprehensive crypto data to its global user base, starting with a unified token and NFT market data offering. Coingecko plans to integrate Zash's NFT data into its API in 2024, enabling users to access NFT price information and data on various leading networks.

CoinGecko Expands Crypto Empire with Zash Acquisition, Including NFT Analytics

CoinGecko Acquires Zash: Expanding Crypto Data Empire to Include NFT Analytics

Jakarta, November 22, 2023 - CoinGecko, the renowned crypto price data aggregator, has announced the strategic acquisition of Zash, a leading NFT (Non-Fungible Token) data analytics company. This move signals CoinGecko's unwavering commitment to providing comprehensive crypto asset data to its global user base.

"This acquisition aligns perfectly with our mission to deliver exceptional value to the crypto community, starting with a unified token and NFT market data offering," proclaimed TM Lee, CEO and co-founder of CoinGecko.

As part of the acquisition, CoinGecko will seamlessly integrate Zash's robust NFT data into its Application Programming Interface (API) in the second quarter of 2024. This integration will empower users with instant access to invaluable NFT information directly on CoinGecko's platform. Notably, users will have real-time visibility into the latest NFT price data.

CoinGecko's commitment to NFT data extends beyond price tracking. The company will also offer a comprehensive suite of NFT-related data services, encompassing:

  • Company-level NFT data: Providing insights into the performance and impact of NFT companies.
  • Indexed NFT data: Cataloging and organizing massive amounts of NFT data for enhanced searchability and usability.
  • NFT metadata: Capturing and analyzing NFT attributes, such as creators, descriptions, and rarity levels.
  • NFT trading history: Tracking and monitoring NFT transactions across leading networks, including Ethereum, Polygon, Binance Smart Chain, Solana, and Bitcoin Ordinals.
  • NFT lending data: Indexing and providing data on NFT lending platforms, such as NFTfi, Blend, and X2Y2.

Zash, founded in 2021 by Parit Patel and Efe Surekli, has established itself as a prominent player in the NFT data analytics landscape. The London-based company has meticulously collected and analyzed data on over 1 million NFT collections and diverse digital art marketplaces.

"We are thrilled to join forces with CoinGecko, recognizing the immense value they bring to the crypto space," said Zash founder Parit Patel. "We are confident that this collaboration will foster innovation and unlock new possibilities for NFT data analytics."

Bobby Ong, COO of CoinGecko, expressed optimism about the future of NFTs. "The NFT market is still in its nascent stages, with tremendous potential for growth. We anticipate that NFTs will uncover novel use cases as the market matures, attracting even greater interest from investors and digital art enthusiasts."

CoinGecko's acquisition of Zash is a pivotal step in the company's mission to provide the most comprehensive and authoritative crypto asset data available. By integrating Zash's expertise in NFT data analytics, CoinGecko reinforces its position as the leading source of crypto market intelligence.

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