CoinGecko co-founder and CEO Bobby Ong published a statement emphasizing the cryptocurrency data aggregator's operational strength and long-term focus amid reports that the company has engaged investment bank Moelis to advise on a potential sale valued at approximately $500 million.
What Happened: CoinGecko Addresses Sale Reports
Recent reports, citing people familiar with the matter, indicated that CoinGecko is considering a potential sale at a valuation of around $500 million.
Sources said the company appointed Moelis to advise on the process, though one noted it remains too early to establish a definitive valuation since discussions only began late last year.
Ong responded on LinkedIn without confirming or denying the sale reports.
"After nearly 12 years of building CoinGecko as a bootstrapped company, one question I'm often asked is what the future holds," Ong said. "What I can share today is this: CoinGecko is operating from a position of strength. We're growing, profitable, and seeing increasing demand from institutions as traditional finance embraces crypto."
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Why It Matters: Strategic Positioning in M&A Wave
The statement arrives during a period of elevated merger and acquisition activity across the cryptocurrency sector.
A report by Architect Partners shows crypto M&A activity reached record levels in 2025, with investing-related deals accounting for 27.8% of total transactions.
Major deals included Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion purchase of NinjaTrader, and Ripple's $1.25 billion takeover of Hidden Road.
Ong noted that CoinGecko regularly evaluates strategic opportunities aimed at supporting sustainable growth.
"Like any well-managed company at this stage, we regularly evaluate strategic opportunities that could help us accelerate our growth and strengthen the value we deliver – to the millions of users who rely on our platform and to our expanding base of enterprise clients," he said.
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