Major cryptocurrency tracking website CoinGecko has announced its acquisition of nonfungible token (NFT) data infrastructure platform Zash, as part of its plan to expand its data offering. CoinGecko intends to integrate Zash’s NFT data into its API by the second quarter of 2024. This move will allow API users to access both fungible and nonfungible token data seamlessly, providing enriched insights into the crypto market. Additionally, CoinGecko’s web and mobile app users will be able to access on-chain NFT data through the NFT floor price tracker in the coming year. Zash, founded in 2021, operates an enterprise-grade NFT indexer and API, covering 87 unique marketplaces and supporting ERC-721 and ERC-1155 token standards. CoinGecko did not disclose the financial details of the acquisition. Despite the recent decline in the NFT market, CoinGecko remains optimistic about the industry’s future and believes that NFTs will continue to innovate and unlock new opportunities worldwide. This move into the NFT market follows Binance’s acquisition of CoinGecko’s major competitor, CoinMarketCap, in 2020. CoinGecko is focused on improving its platform to prepare for the eventual bull run in the crypto market.