Could you please clarify for me if CoinMarketCap is affiliated with or owned by Binance? I've noticed a close association between the two platforms in some discussions but I'm not entirely sure about the exact relationship. Is CoinMarketCap simply a part of Binance's ecosystem, or is there a deeper connection? I'm interested in understanding the business structure and ownership behind these two entities. Thank you for your assistance in clarifying this matter.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    Lorenzo
    Thu May 23 2024
   
  
    The acquisition details, including the amount paid, were kept confidential, highlighting the discreet nature of many transactions in the crypto industry.
  
  
 
            
            
  
    
    Sara
    Thu May 23 2024
   
  
    Coinmarketcap, as a leading crypto market data aggregator, provides valuable insights and analysis to investors and traders alike.
  
  
 
            
            
  
    
    Silvia
    Thu May 23 2024
   
  
    Cryptocurrency exchanges have been at the forefront of the digital asset revolution, constantly evolving and adapting to the changing landscape.
  
  
 
            
            
  
    
    GeishaElegance
    Thu May 23 2024
   
  
    BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services. These include spot trading, futures contracts, and a secure wallet solution.
  
  
 
            
            
  
    
    CryptoChieftain
    Thu May 23 2024
   
  
    In April 2020, a significant milestone was reached in the crypto world. Binance, a leading cryptocurrency exchange, announced the acquisition of Coinmarketcap.