CoinMarketCap Acquires Derivatives Data Tracker CoinGlass
CIE News ·
Binance-owned cryptocurrency tracking platform CoinMarketCap has finalized the acquisition of derivatives data platform CoinGlass. The deal was transacted for an undisclosed combination of cash and equity, bringing the specialized derivatives intelligence service directly under Binance's broader corporate umbrella.
The transaction integrates CoinGlass's real-time derivatives monitoring infrastructure—which tracks critical market metrics including open interest, funding rates, and liquidations across 28 centralized and decentralized exchanges—into CoinMarketCap's data ecosystem. This operational integration aims to deliver advanced derivatives data directly to CoinMarketCap's base of 115 million monthly active users while expanding the analytical depth of the primary platform.
Following the acquisition, CoinGlass's existing suite of proprietary market tools, analytical dashboards, and programmatic APIs will remain fully operational for current users. Both entities have officially confirmed the structural handover, with integrated technical services and data pipelines set to operate concurrently alongside CoinGlass's independent offerings.