Binance to Acquire CoinMarketCap for $400 Million: Report

March 31, 2020 @ 9:01 am By JD Alois

Crypto exchange Binance is acquiring CoinMarketCap for up to $400 million, according to a report by the Block.

People familiar with the pending transaction said the deal was due to CoinMarketCap’s ability to drive traffic and thus potentially boost utilization of Binance. CoinMarketCap was founded in 2013 and has become a leading reference point for digital currencies and other crypto as well as digital asset exchanges. CoinMarketCap tracks the trading volume of just about every crypto as well as exchanges. CoinMarketCap is incorporated in Delaware.

Binance is the largest crypto exchange in the world by current monthly trading volume.

Binance was founded in 2017 by CEO Changpeng Zhao. Earlier this year, Zhao referenced possible acquisitions for this company.

Originally launched in China, following a government ban on cryptocurrency trading and issuance, Binance was compelled to exit the country. Today, the crypto exchange is ostensibly operated out of the crypto-friendly jurisdiction of Malta.

The deal is expected to close this week as a cash and stock transaction.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Number of Filings134Prior 129 +3.9%

Target Raise, Total$3.45BPrior $3.59B -3.8%

	This YTD	Year prior	Change
Filings	134	129	+3.9%
Target raise	$3.45B	$3.59B	-3.8%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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