CoinMarketCap
The world's most trusted and accurate source for crypto market capitalizations, pricing and information.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | N/A | ICO |
| Total Funding | 000k | ||
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CoinMarketCap has established itself as a cornerstone of the cryptocurrency market, serving as a primary source for crypto asset data and market rankings. The platform was launched in May 2013 by Brandon Chez, a programmer with a background in web development. Chez's vision was to create a single, reliable platform to track the burgeoning number of cryptocurrencies, addressing a critical need for transparency and accessibility in the nascent digital asset space. For years, he remained the sole figure behind the operation, building the site into the most-visited destination for crypto market information before revealing his identity publicly in 2018.
The company's trajectory shifted significantly in April 2020 when it was acquired by Binance, one of the world's largest cryptocurrency exchanges, for a reported $400 million. While Brandon Chez stepped down from his CEO role following the acquisition, the platform continues to operate as an independent business entity. The core of CoinMarketCap's business is providing comprehensive, real-time, and historical data on thousands of cryptocurrencies traded across hundreds of exchanges. Its primary audience includes retail and professional investors, traders, analysts, and cryptocurrency enthusiasts who rely on the data for market analysis and decision-making.
CoinMarketCap's business model is multifaceted, primarily generating revenue through advertising placements on its high-traffic website and mobile apps. It also offers a paid API service that provides developers, data scientists, and institutional clients with structured access to its vast repository of market data. The platform's product is its data aggregation and presentation service. It meticulously tracks metrics such as price, market capitalization, trading volume, and circulating supply for each listed crypto asset. Key features include watchlists, portfolio tracking, an ICO calendar, and educational content through its 'Alexandria' portal, aimed at demystifying the crypto landscape for newcomers. The platform's extensive reach and historical data have made it an indispensable tool for gauging market sentiment and the overall health of the digital asset industry.
Keywords: cryptocurrency data, market capitalization, crypto rankings, digital assets, price tracking, trading volume, crypto exchange data, blockchain, financial data, API service