What Is Coin Market Cap?

CoinMarketCap is the world's most referenced price tracking website for crypto assets in the fast growing crypto space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high-quality, and accurate information to draw their own insightful conclusions. 

 Founded by Brandon Chez in May 2013, CoinMarketCap has quickly grown to become the most trusted source by users, institutions and the media for comparing thousands of cryptoassets and is frequently quoted by CNBC, Bloomberg and other major news channels. (Even the US government uses CoinMarketCap data for research and reports!) 

In April 2020, CoinMarketCap was acquired by Binance Capital Mgmt. Binance is the global blockchain company behind the world's largest digital asset exchange by trading volume and users, with a shared vision of making crypto accessible and systemically important to people around the world. 

Through the acquisition, CoinMarketCap plans to leverage its parent company's extensive resources to derive deeper data into projects, reduce information asymmetry in the crypto industry and bring higher quality data to its hundreds of millions of users. 

CoinMarketCap stands for accurate, timely and impartial information. Since its acquisition by Binance in early 2020, CoinMarketCap has continued to operate independently of its parent company. Read our disclosure policy for more information.

Disclosure Policy 

In April 2020, CoinMarketCap was acquired by Binance Capital Mgmt. There is no ownership relationship between CoinMarketCap and Binance.com. 

Binance is the global blockchain company behind the world's largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption with 25+ products, projects and initiatives. Binance.com is known for offering a variety of crypto asset trading options and fiat entry points for multiple currencies globally, as part of its mission to increase money freedom. 

Following this acquisition, CoinMarketCap will continue to run as an independent business entity and remains committed to providing the most accurate, timely and quality cryptocurrency data in the industry. CoinMarketCap strictly follows and enforces its independent listing criteria guidelines, circulating supply calculation methods and liquidity score for how it ranks cryptoassets. 

While the cryptocurrency exchange Binance and its native token BNB are listed on CoinMarketCap, CoinMarketCap and Binance are separate entities that maintain a policy of strict independence from each other: Binance has no influence over CoinMarketCap's ratings, while CoinMarketCap has no influence over Binance's operations. 

No Binance employee, including CZ, has control over CoinMarketCap's ranking algorithms or listing processes. Cryptoassets that wish to be listed on CoinMarketCap should follow the guidelines in our listing policy and will be fairly and independently evaluated on their merits. 

CoinMarketCap's official ranking criteria is designed to eliminate any possibility of preferential treatment in general, even for the Binance exchange or BNB cryptoasset. This will be enforced in spite of any positive or negative financial effect this adherence to policy might have for its parent company. 

CoinMarketCap and its employees do not take any public position on the economic benefits of any crypto-asset, nor do they publicly endorse any crypto-asset or blockchain project. All crypto assets and/or project support from CZ and/or Binance are not associated with the CoinMarketCap brand and operations. 

CoinMarketCap will continue to independently provide the most accurate data about cryptocurrencies to the wider community. We are confident that our shared vision of advancing the crypto revolution and promoting transparency in the crypto space will be strengthened by this acquisition.