Wow, just fucking wow! According to various news sources, Binance is in the final stages of acquiring CoinMarketCap in a crazy deal of approximately 400 fucking million usd!
If I was to take an educated guess before this, I would put a price of a couple, maybe up to 10 million dollars on CMC.
After all, it's largely just a data aggregator! Yeah, it's the most popular one but still, a data aggregator! I guess appearances can be deceptive!
Here's are a couple sources if you want to read more about the deal:
https://decrypt.co/24031/binance-to-acquire-coinmarketcap-in-400-million-deal
https://coingape.com/binance-acquisition-cmc-400-million-criticized/
Posted via Steemleo