CoinGecko Acquires Zash to Integrate NFT Data Into its API

CoinGecko, a outstanding impartial cryptocurrency information aggregator, has lately introduced its acquisition of Zash.

This strategic transfer is ready 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 Declares Its Acquisition of Zash

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

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

“After evaluating all present NFT information suppliers, Zash stands out as unparalleled.” […] This acquisition aligns with our dedication to ship distinctive worth to the crypto neighborhood,” 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 information infrastructure will play an important position in shaping the trade’s future.” he additional acknowledged.

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

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

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

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

Based in 2021 by CEO Parit Patel and CTO Efe Surekli, Zash has rapidly established a robust presence within the NFT house. Setting itself aside, Zash gives enterprise-grade, listed NFT information throughout numerous blockchain networks, together with Ethereum, Polygon, Binance Sensible Chain, Solana, and Bitcoin Ordinals.

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