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💡 The vibrant crypto M&A market: CoinGecko is surveying strategic options
The leading data platform in the industry has just entered a new phase. According to leaked information, the company has hired investment bank Moelis to advise on restructuring options.
Many big questions remain: Does a leading data platform like this need to find strategic partners? Where is the M&A market in the crypto sector heading?
The valuation mentioned is around $500 million - a quite large figure, reflecting the value investors assign to market-leading data as the blockchain industry continues to grow. This move could signal profound changes in the structure of the crypto industry.