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New Deal


Announced

Completed

Binance completed the acquisition of CoinMarketCap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Acquisition

China

IT Services: Other

Private

cryptocurrency exchange platform

Single Bidder

cryptocurrency

Completed

Synopsis

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Binance, a global blockchain company, completed the acquisition of CoinMarketCap, a cryptoassets exchange platform. Financial terms were not disclosed. “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value of freedom, transparency and user-focus. Our common vision will be strengthened by this acquisition to further growth and instill transparency in the industry. This will enable us to build on each other’s strengths, jointly serving as infrastructure providers of crypto,” Changpeng Zhao, Binance CEO.

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