CoinGecko acquires NFT data startup Zash

NFT data will be integrated into CoinGecko APIs in second quarter of 2024, having bought Zash for an undisclosed sum

article-image

sdx15/Shutterstock modified by Blockworks

share

Crypto data aggregator CoinGecko has acquired NFT data infrastructure and intelligence company Zash.

Zash is an on-chain NFT data analytics firm that collects data from over 1 million different NFT collections and marketplaces. It provides information on NFT metadata, historical trades, lending and also detects large-scale wash trades.

Originally founded by Parit Patel and Efe Surekli, London-headquartered Zash also covers information derived from 87 different blockchain networks, including Ethereum, Polygon, Binance Smart Chain and Solana, among others.

Its NFT data will be integrated into CoinGecko’s API by the second quarter of 2024. This will give users the ability to access various information on fungible and non-fungible token data. 

Bobby Ong, founder and COO of Malaysia-based CoinGecko, told Blockworks that the company believes in a future where any asset that can be tokenized will be tokenized. 

“On that note, we believe that NFTs will continue to innovate beyond [profile pictures], GameFi and unlock new opportunities and use-cases worldwide,” Ong said. 

Ong noted that its acquisition of Zash will enable the company to become a one-stop comprehensive source for all cryptocurrency-related data. CoinGecko is mostly known for its price and market cap readouts.

TM Lee, the CEO and co-founder of CoinGecko, noted in a press release reviewed by Blockworks that the acquisition of Zash came after evaluating “all existing NFT data providers in the space.”

Zash stood out from the other providers for having built a marketplace product with a comprehensive data set in just three years,” Lee said.

“This acquisition aligns with our commitment and dedication to deliver exceptional value to the crypto community, starting with a unified token and NFT market data offering.”

The acquisition terms remain undisclosed.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Templates.png

Research

ZKPs enable efficient offchain transaction processing and validation, resulting in increased throughput and reduced fees. Solana's ZK Compression leverages ZKPs to minimize onchain storage costs, while Sui's zkLogin streamlines user onboarding by replacing complex key management with familiar OAuth credentials.

article-image

The crypto asset manager lowered its planned fee from 0.25% to 0.15%, undercutting its competitors

article-image

Plus, a look at planned ETH ETF fees and how they differ from their BTC counterparts

article-image

North Korea suspected in breach of Indian exchange’s multisig wallet

article-image

Plus, Sanctum’s CLOUD token has officially launched — but not without problems

article-image

It’s not yet clear whether Donald Trump is pumping bitcoin. But an unofficial memecoin is still seeing benefit.