Tuesday, 27 February 2024
Trending

Crypto News

CoinGecko expands crypto data API with Zash acquisition

CoinGecko expands crypto data API with Zash acquisition

  • CoinGecko, a prominent cryptocurrency data aggregator, has acquired Zash.
  • Zash is an industry leader in NFT data infrastructure and intelligence.
  • The acquisition aligns with CoinGecko’s vision to tokenize any feasible asset.

In a strategic move to bolster its cryptocurrency data services, CoinGecko has completed its first-ever acquisition by adding Zash, a prominent NFT data infrastructure and intelligence company, to its portfolio.

Zash’s NFT data integration

CoinGecko, a leading cryptocurrency data aggregator, has finalized the acquisition of Zash, an industry trailblazer in NFT data infrastructure and intelligence.

Established in 2021 by CEO Parit Patel and CTO Efe Surekli, Zash has gained recognition for providing enterprise-grade, indexed NFT data across 87 distinct marketplaces, spanning Ethereum,  Binance Smart Chain, Polygon, Solana, and Bitcoin Ordinals.

CoinGecko, with its vision of tokenizing any asset possible, recognizes the evolving landscape of NFTs.

The acquisition of Zash positions CoinGecko to seamlessly deliver both fungible and non-fungible token (NFT) data in an integrated offering. The move aligns with CoinGecko’s dedication to providing reliable and comprehensive cryptocurrency data to the global crypto community.

Anticipated enhancements in crypto data API

As a result of this acquisition, CoinGecko has outlined plans to introduce new endpoints to its crypto data API by the second quarter of 2024.

These additions will include enterprise-grade NFT data across multiple blockchains, NFT metadata, historical trades, lending data indexing, and wash trading detection for major Ethereum collections. The incorporation of Zash’s NFT data infrastructure is also expected to enhance CoinGecko’s NFT floor price tracker in the coming year.

This acquisition, driven by the recognition of Zash’s unparalleled capabilities in the NFT data space, underlines CoinGecko’s commitment to delivering exceptional value to the crypto community. For those eager to explore the upcoming NFT data API services, the opportunity to sign up for the waitlist is now available.

Click Here to Read the Full Original Article at CoinJournal: Latest Bitcoin, Ethereum & Crypto News…