Announced
Completed
Financials
Tags
Majority
Friendly
Acquisition
China
IT Services: Other
Private
cryptocurrency exchange platform
Single Bidder
cryptocurrency
Completed
Synopsis
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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