CoinMarketCap buys CoinGlass to expand crypto derivatives data
CoinMarketCap completed its acquisition of CoinGlass, adding derivatives analytics to a business long centered on spot prices, token rankings and exchange data. CoinGlass will keep its brand, team, products and pricing, and its website, app, free tools and API are set to remain unchanged.
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Users who rely on CoinGlass’s derivatives data notice the change through CoinMarketCap ownership, while the brand and access points stay in place. The platform’s name, staff, products and pricing remain, so the day-to-day front end described here does not disappear for customers right away.
In practice, CoinMarketCap now has derivatives intelligence inside a data business that was previously centered on spot prices, token rankings and exchange data. What stays the same is that CoinGlass still spans more than 2,500 instruments across 28 exchanges, so the underlying market coverage remains part of the package.
What remains open is how the combined data offering will be presented inside CoinMarketCap’s services, since the details given only say the acquisition is complete and the brand, team and tools remain unchanged. It is also not stated here whether the same access terms will continue beyond the current setup, and that would be settled by later product or pricing updates. (per cryptobriefing.com)
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