CoinGecko, a prominent cryptocurrency data aggregator, recently declared its acquisition of Zash, a firm focused on NFT data infrastructure and analytics.
This strategic acquisition is designed to underscore CoinGecko’s dedication to providing accurate, dependable, and extensive cryptocurrency information.
While the financial specifics of the deal remain undisclosed, CoinGecko intends to incorporate Zash’s NFT data into its API offerings by the second quarter of 2024.
Zash, co-founded by Parit Patel and Efe Continuous at Entrepreneur First in 2021, specializes in offering institutional-quality NFT data from 87 distinct marketplaces across a variety of blockchains, including Ethereum, Polygon, Binance Smart Chain, Solana, and Bitcoin Ordinals. Its services encompass in-depth NFT metadata, historical transaction data, and loan information.
TM Lee, CEO and co-founder of CoinGecko, commended Zash for its unparalleled and thorough NFT data coverage, which has risen to become the market’s most comprehensive within just three years.
The incorporation of Zash’s meticulously curated datasets and flexible API will facilitate the swift creation of complex blockchain data solutions. Prominent web3 initiatives such as NFTfi, Metaversal, and Metaquants (currently known as Astaria), which already leverage Zash’s data, will be integrated into CoinGecko’s growing clientele.
CoinGecko foresees a future where NFTs continue to develop and create value worldwide by introducing new applications. The company believes that integrating Zash’s NFT data infrastructure will significantly influence the trajectory of the industry.
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