PANews reported on January 13th that, according to CoinDesk citing sources familiar with the matter, crypto data platform CoinGecko is exploring a sale and has hired investment bank Moelis to handle the process, with a target valuation of approximately $500 million. This move comes amidst an acceleration of M&A activity in the crypto industry, with disclosed M&A totals reaching $8.6 billion and a record high of 133 deals by 2025. Founded in 2014, CoinGecko is considered a mainstream data platform alongside CoinMarketCap.