CoinGecko explores potential sale amid surge in crypto dealmaking

Crypto market data firm CoinGecko is weighing a potential sale and has hired investment bank Moelis to advise on the process, sources said.

The company is seeking a valuation of around $500 million, according to people familiar with the matter.

One source said it remains early in the process and a final valuation has yet to be determined.

CoinGecko and Moelis declined to comment on the reported sale discussions.

The move comes as crypto mergers and acquisitions activity has accelerated sharply across the sector.

Disclosed crypto M&A transactions reached about $8.6 billion across a record 133 deals in 2025, according to PitchBook data.

Major deals last year included Coinbase’s $2.9 billion acquisition of Deribit and Kraken’s $1.5 billion purchase of NinjaTrader.

Analysts say consolidation is being driven by demand for scale, regulated infrastructure and strategic assets.

The trend also reflects declining traffic for data platforms as users increasingly rely on artificial intelligence tools.

CoinGecko’s monthly traffic fell to about 18.5 million in December 2025 from 43.5 million a year earlier, Similarweb data showed.

Rival CoinMarketCap also saw traffic decline, dropping to about 64 million monthly from 157 million in 2024.