CoinGecko Acquires Zash to Integrate NFT Data Into its API

CoinGecko, a distinguished impartial cryptocurrency knowledge aggregator, has lately introduced its acquisition of Zash.

This strategic transfer is about to extend CoinGecko’s cryptocurrency providers by incorporating Zash’s NFT data into its API, providing customers a holistic perspective of fungible and non-fungible tokens.

CoinGecko Pronounces Its Acquisition of Zash

CoinGecko announced earlier this week the strategic buy of Zash, a front-runner within the NFT knowledge infrastructure and intelligence area. The acquisition of Zash will allow the seamless integration of fungible and NFT knowledge, which aligns with CoinGecko’s dedication to dependable cryptocurrency knowledge, advancing its purpose of empowering a decentralized future.

In its announcement, TM Lee, CEO and Co-founder at CoinGecko, said,

“After evaluating all present NFT knowledge suppliers, Zash stands out as unparalleled.” […] This acquisition aligns with our dedication to ship distinctive worth to the crypto group,” Lee additional famous.

Parit Patel, co-founder and CEO of Zash, expressed his enthusiasm in regards to the acquisition, stating, “We’re thrilled to finish the sale to CoinGecko – an ideal match for Zash’s legacy.”

“We consider NFTs will proceed to evolve, creating worth globally. Positioned with CoinGecko, our knowledge infrastructure will play a vital position in shaping the trade’s future.” he additional said.

CoinGecko’s Plans to Combine Zash’s NFT Information into its API

CoinGecko has formidable plans to include Zash’s NFT knowledge into its API by the second quarter of 2024. This integration will embody enterprise-grade, listed NFT knowledge from varied blockchain ecosystems.

It’s going to additionally present complete NFT metadata, historic commerce data, and NFT lending knowledge indexing from platforms like Mix, X2Y2, and NFTfi. CoinGecko may also introduce wash buying and selling detection for main collections on the Ethereum blockchain.

Wanting forward, CoinGecko goals to reinforce its service choices additional by integrating Zash’s NFT knowledge infrastructure into its present NFT flooring value tracker.

Based in 2021 by CEO Parit Patel and CTO Efe Surekli, Zash has shortly established a powerful presence within the NFT area. Setting itself aside, Zash provides enterprise-grade, listed NFT knowledge throughout varied blockchain networks, together with Ethereum, Polygon, Binance Sensible Chain, Solana, and Bitcoin Ordinals.

This protection encompasses NFT metadata, historic trades, lending knowledge, and superior options such because the detection of subtle wash buying and selling via proprietary algorithms.