Joining Forces to Make Crypto More Accessible Worldwide: Binance has recently completed the acquisition of CoinMarketCap.

The global blockchain company Binance has recently completed the acquisition of CoinMarketCap, the world’s most-referenced cryptocurrency data tracking site. This landmark deal combines two of the most trusted brands in crypto and introduces some significant opportunities to grow the industry even further. CoinMarketCap stays committed to providing the most accurate, timely, and quality cryptocurrency data in the industry while benefiting from Binance’s expertise, resources, and scale.

Binance CEO, Changpeng Zhao (CZ) informed: “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value of freedom, transparency and user-focus. Our common vision will be strengthened by this acquisition to further growth and instill transparency in the industry. This will enable us to build on each other’s strengths, jointly serving as infrastructure providers of crypto.”

Binance is excited to work more closely with CoinMarketCap, one of the most-cited sources for cryptocurrency prices and exchange trading volume. However, CoinMarketCap has maintained independence from external stakeholders since its inception, and it will continue to be run as an independent business entity. While the Binance cryptocurrency exchange and its native token BNB are listed on CoinMarketCap, CoinMarketCap and Binance are separate entities that maintain a strict policy of independence from one another: Binance has no bearing on CoinMarketCap rankings, while CoinMarketCap has no influence over Binance’s operations.