The founders of the independent crypto data aggregator emphasize the company’s “position of strength” amid rumors it is exploring a half-billion-dollar sale.
The move comes as crypto merger and acquisition (M&A) activity surges, with 2025 seeing record deal flows.
Bobby Ong, CoinGecko’s co-founder and COO, responded to the rumors on X (formerly Twitter), stopping short of an explicit denial but clarifying the company’s current standing.
“After nearly 12 years of building CoinGecko as a bootstrapped company, one question I’m often asked is what the future holds,” Ong wrote. “What I can share today is this: CoinGecko is operating from a position of strength. We’re growing, profitable, and seeing increasing demand from institutions as traditional finance embraces crypto.” Source:https://www.linkedin.com/posts/bobbyongce_after-nearly-12-years-of-building-coingecko-activity-7417385080530186240-SyI_/
Ong added that while they “regularly evaluate strategic opportunities,” the team remains focused on their core mission of delivering neutral data.
If a deal were to materialize near the rumored $500 million mark, it would eclipse Binance’s 2020 acquisition of rival platform CoinMarketCap, which was estimated at $400 million.
The report follows a record year for crypto consolidation, with over $8.6 billion in M&A deals disclosed in 2025 alone.