On November 22, CoinGecko officially acquired the NFT data platform Zash to expand its NFT data offerings.
CoinGecko plans to integrate Zash’s data into its existing NFT price tracking tool by Q2 2024. Additionally, the Zash team will merge with CoinGecko.
TM Lee, co-founder and CEO of CoinGecko, stated the reason for choosing Zash, saying: “After evaluating all the existing NFT data providers in the field, we found Zash to be outstanding. In just 3 years, they have built an impressive product with the most comprehensive NFT data coverage in the market and have commercialized it with top-tier clients, along with a lean team. This acquisition aligns with our commitment and dedication.”
Notably, CoinGecko emphasized its unwavering belief in the NFT space, expecting NFTs to continue innovating and opening up new opportunities worldwide.
New features to be introduced in CoinGecko’s data API include:
– NFT market price tracking index on 87 markets, including Ethereum, Polygon, Binance Smart Chain, Bitcoin Ordinals, Solana…
– Super NFT data and transaction history
– NFT Lending data index
– Detection of money laundering transactions for large collections on Ethereum
Zash is a leading NFT data platform founded in 2021 at Entrepreneur First. It is advised by experienced experts, including LinkedIn co-founder Reid Hoffman and Stripe co-founder John Collison.
Initially, Zash was a social investment app based on on-chain data and brokers, but it later transitioned into an NFT data platform due to the lack of reliable blockchain information. Currently, Zash provides NFT data on 87 exchanges across various blockchains such as Ethereum, Polygon, Solana, and Bitcoin Ordinals.
In February, Zash completed a Seed funding round with participation from Cogitent Ventures and WWVentures, although the amount raised was not disclosed.
This latest move by CoinGecko is a positive signal for the struggling NFT space, which is striving to thrive.