Cryptocurrencies

Purchase of Crypto Faithfuls’ Favorite Website Raises Eyebrows

Exchange Binance buys CoinMarketCap.com for undisclosed price
Binance says website will remain a neutral provider of data

An employee uses a laptop computer branded with bitcoin logos inside the offices of La Maison du Bitcoin bank in Paris, France.Photographer: Chritophe morin/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Olga Kharif

April 2, 2020 at 1:00 PM UTC

This article is for subscribers only.

Binance Holdings Ltd., one of the world’s largest cryptocurrency-trading platforms, acquired CoinMarketCap.com, arguably the most popular website among individual investors for tracking coin prices.

Terms of the agreement weren’t disclosed. In an interview with Bloomberg News, Binance Chief Executive Officer Zhao “CZ” Changpeng said that “CoinMarketCap.com is extremely valuable, because they are the landing page of crypto.”