In response to reports that the cryptocurrency data aggregator has engaged investment bank Moelis as an advisor regarding a potential $500 million sale, CoinGecko co-founder and CEO Bobby Ong issued a statement emphasizing the company's operational capabilities and long-term vision.
What happened: CoinGecko responds to acquisition reports
According to recent reports citing insiders, CoinGecko is reportedly reviewing a potential sale with an enterprise value of around $500 million.
Sources said the company selected Moelis as its advisor for this process, though some added that discussions only began late last year, making it too early to finalize the company's ultimate valuation.
Ong posted a statement on LinkedIn regarding the acquisition rumors, neither confirming nor denying specific details.
He said, 'After nearly 12 years of bootstrapping CoinGecko, one of the most frequent questions we receive is about our future direction. What I can share today is this: CoinGecko is operating from a strong position. We are growing, generating profits, and as traditional finance embraces crypto, institutional demand continues to grow steadily.'
Also read: Ripple Advances EU Expansion With Luxembourg EMI License Preliminary Approval
Why it matters: Strategic positioning amid the M&A wave
This statement came amid a period of heightened merger and acquisition (M&A) activity across the cryptocurrency industry.
According to a report by Architect Partners, cryptocurrency M&A activity in 2025 reached an all-time high, with investment-related deals accounting for 27.8% of total transactions.
Key transactions include Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion acquisition of NinjaTrader, and **Ripple**'s $1.25 billion acquisition of Hidden Road.
Ong stated that CoinGecko regularly reviews strategic opportunities to support sustainable growth.
He explained, 'Just like any well-run company at this stage, we regularly review strategic opportunities to accelerate our growth and enhance the value we deliver. This is for both the millions of users relying on our platform and our rapidly expanding base of enterprise customers.'
Next article: Pakistan Signs Deal With Trump-Linked World Liberty Financial To Explore USD1 Stablecoin Payments