CoinGecko’s CEO, Bobby Ong, penned a missive to the masses, waxing poetic about the platform’s “operational strength” and “long-term vision.” One might mistake it for a fairy tale-hadn’t the company just dodged a potential sale? Or was it merely a bureaucratic dream?
Rumors swirl like a Russian winter: CoinGecko, that noble aggregator of crypto chaos, may soon be sold for a princely sum of $500 million. Or is it 500,000 rubles? The decimal points blur in the fog of speculation.
Coingecko Reiterates Long-Term Vision Amid Reports of Potential Sale
Whispers, carried by the wind, suggest CoinGecko might be auctioned off. Sources, who claim to be “well-informed,” insist the firm has enlisted Moelis, a bank of dubious yet prestigious pedigree, to “advise” on the matter. Valuation? “Too early to say,” they sigh, as if calculating the weight of a teardrop.
Amid this maelstrom, Ong took to LinkedIn, a digital soapbox, to declare: “We are strong! We are profitable! We are… gasp… not for sale!” Or so he claimed, with the earnestness of a man who once bet his last kopeck on a goat’s ability to juggle.
“After nearly 12 years of building CoinGecko as a bootstrapped company,” Ong proclaimed, “we are growing, profitable, and seeing increasing demand from institutions.” One might think he’d just discovered fire, or perhaps a new way to monetize it.
Ong added that the company “reviews strategic paths,” a phrase that sounds suspiciously like a bureaucrat’s excuse for why the printer is jammed. These paths, he insists, are all about “sustainable growth” and “improving service.” A bold claim, given that the service in question is a website that tracks imaginary money.
“Like any well-managed company at this stage,” Ong declared, “we evaluate opportunities to accelerate growth.” A statement so banal it could only be delivered with the gravitas of a man who once tried to sell his soul on eBay.
Transparency, he stressed, remains key. Unbiased data! High-quality crypto numbers! One wonders if the same standards apply to the rumors now circling like vultures.
Ong also waxed lyrical about the “clearer regulatory frameworks” and “institutional participation” in crypto. A brave soul, to be sure, or perhaps a fool with a calculator and a dream.
“We’re excited about the possibilities ahead,” he concluded, “and focused on serving our users.” A sentiment that might have been more convincing had he not just hinted at selling the company to someone else.
Thus, we are left with a statement that neither confirms nor denies a sale. A masterclass in corporate ambiguity, served with a side of LinkedIn theatrics.
The crypto world, ever the circus, has seen mergers and acquisitions bloom like daisies in a financial wasteland. In 2025, deals hit record levels, with Coinbase gobbling Deribit for $2.9 billion. One might think they’re all just playing Monopoly with other people’s money.
Kraken, too, has been busy, swallowing NinjaTrader for $1.5 billion. And Ripple? They’ve taken a bite out of Hidden Road for $1.25 billion. A veritable feast of corporate cannibalism.
The trend continues into 2026, with Strive eyeing Semler Scientific like a wolf circles a sheep. Progress, one might say, is a wolf in business attire.
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2026-01-15 10:54