{"id":87511,"date":"2023-11-22T11:05:47","date_gmt":"2023-11-22T16:05:47","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/coingecko-expands-services-with-acquisition-of-nft-data-provider-zash\/"},"modified":"2023-11-22T11:05:48","modified_gmt":"2023-11-22T16:05:48","slug":"coingecko-expands-services-with-acquisition-of-nft-data-provider-zash","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=87511","title":{"rendered":"CoinGecko Expands Services with Acquisition of NFT Data Provider Zash"},"content":{"rendered":"<div>\n<figure id=\"attachment_127349\" aria-describedby=\"caption-attachment-127349\" style=\"width: 612px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-127349\" class=\"wp-caption-text\">Source: iStock<\/figcaption><\/figure>\n<p>Crypto-price aggregator CoinGecko has acquired Zash \u2013 a non-fungible token (NFT) data infrastructure platform \u2013 to help bring data monitoring for both fungible and non-fungible tokens under one roof.<\/p>\n<p>Terms of the deal remain undisclosed, but it marks the first of its kind for the popular rival to CoinMarketCap, both of which boast some of the highest site traffic in the industry. The latter company has already been acquired by Binance, the world\u2019s largest crypto exchange.<\/p>\n<p>CoinGecko tracks activity for over 11,000 cryptocurrencies traded across 900 exchanges, including data like price, volume, and circulating supply.<\/p>\n<p>Meanwhile, Zash includes historical trade and lending data from 87 unique NFT marketplaces across Ethereum, Polygon, BNB Smart Chain, Solana, and Bitcoin Ordinals.<\/p>\n<p>\u201cAs founders, we are wholeheartedly committed to a seamless transition until January, after which we\u2019ll be exploring new opportunities in the burgeoning year ahead,\u201d wrote Zash in its announcement about the acquisition on Wednesday.<\/p>\n<p>Zash\u2019s partners and clients will be able to use CoinGecko\u2019s data API, which is already used by firms like MetaMask, Crypto.com, and Etherscan.<\/p>\n<p>According to CoinGecko\u2019s announcement, the firm plans to integrate Zash\u2019s infrastructure data for NFTs into its own API by Q2 2024. This will include NFT metadata and historical trades, NFT lending data, and wash trading detection for Ethereum\u2019s major collections.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ We believe that <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&amp;ref_src=twsrc%5Etfw\">#NFTs<\/a> will continue to unlock new opportunities globally. Acquiring Zash will allow us to supply you with fungible &amp; non-fungible token data seamlessly, in one integrated offering.<\/p>\n<p>We&#8217;re committed to delivering reliable &amp; comprehensive crypto data, to you. \ud83e\udee1<\/p>\n<p>\u2014 CoinGecko (@coingecko) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/coingecko\/status\/1727114704638894336?ref_src=twsrc%5Etfw\">November 22, 2023<\/a><\/p>\n<\/blockquote>\n<h2>Why CoinGecko Chose Zash<\/h2>\n<p><span class=\"replacer\"><\/span><br \/>Zash\u2019s infrastructure will also be incrementally integrated into CoinGecko\u2019s existing NFT floor price tracker \u2013 which assigns a \u201cmarket cap\u201d to NFT collections based on their lowest value item.<\/p>\n<p>\u201cAfter evaluating all existing NFT data providers in the space, Zash stands out as unparalleled,\u201d said CoinGecko CEO TM Lee in a statement. \u201cThey have built a remarkable product with the most comprehensive NFT data coverage in the market.\u201d<\/p>\n<p>In an interview with <em>CoinTelegraph<\/em>, CoinGecko co-founder and chief operating officer Bobby Ong said that Zash\u2019s coverage is \u201cover four times more\u201d than alternative NFT data providers. It encompasses bundled trades, and secondary sales, converts settlement in 12 currencies, and tracks both ERC-721 and ERC-1155 token standards.<\/p>\n<p>Despite a massive drawdown in NFT valuations since early last year, Ong said the company remains bullish on a rebound, maintaining optimism on the long-term potential of tokenization. He stated:<\/p>\n<blockquote>\n<p>\u201cWe hold the vision where any asset that can be tokenized, will be tokenized. We believe that NFTs will continue to innovate beyond PFPs, GameFi and unlock new opportunities and use cases worldwide.\u201d<\/p>\n<\/blockquote>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/coingecko-expands-services-with-acquisition-of-nft-data-provider-zash.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: iStock Crypto-price aggregator CoinGecko has acquired Zash \u2013 a non-fungible token (NFT) data infrastructure platform \u2013 to help bring data monitoring for both fungible and non-fungible tokens under one roof. Terms of the deal remain undisclosed, but it marks the first of its kind for the popular rival to CoinMarketCap, both of which boast [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":87512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-87511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CoinGecko Expands Services with Acquisition of NFT Data Provider Zash | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Source: iStock Crypto-price aggregator CoinGecko has acquired Zash \u2013 a non-fungible token (NFT) data infrastructure platform \u2013 to help bring data\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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