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What is the parent organization of CoinMarketCap?

avatarJohansson BankeDec 24, 2021 · 3 years ago3 answers

Can you tell me which organization is the parent company of CoinMarketCap? I'm curious to know more about the company behind this popular cryptocurrency market data platform.

What is the parent organization of CoinMarketCap?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! CoinMarketCap is actually owned by Binance, one of the largest cryptocurrency exchanges in the world. Binance acquired CoinMarketCap in April 2020 for an undisclosed amount. This acquisition was seen as a strategic move by Binance to expand its reach and influence in the cryptocurrency market.
  • avatarDec 24, 2021 · 3 years ago
    CoinMarketCap is owned by Binance, a leading cryptocurrency exchange. Binance acquired CoinMarketCap to further strengthen its position in the industry and provide users with comprehensive market data. The acquisition has allowed CoinMarketCap to continue operating independently while benefiting from Binance's resources and expertise.
  • avatarDec 24, 2021 · 3 years ago
    The parent organization of CoinMarketCap is Binance. Binance is a well-known cryptocurrency exchange that offers a wide range of trading services. By acquiring CoinMarketCap, Binance aims to enhance its ecosystem and provide users with reliable market data. This strategic move has further solidified Binance's position as a key player in the cryptocurrency industry.