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CoinGecko announced that in response to reports suggesting the crypto data platform is considering a sale at an estimated valuation of approximately $500 million, the company's co-founder and CEO Bobby Ong posted on X platform stating that he has received many inquiries regarding the sale of the platform. Having operated Coingecko for over 12 years, like any growing and profitable company, they regularly evaluate strategic opportunities to strengthen the business and accelerate the achievement of their mission. He stated that they will not comment on any specific acquisition transactions for now but are excited about the potential to better serve users and support the adoption of cryptocurrency institutions. CoinGecko will continue to operate as usual, with no changes to its working methods or the way it provides trustworthy data.