CoinMarketCap acquires crypto derivatives data platform CoinGlass, which will continue to operate independently.

CoinMarketCap announced the acquisition of crypto derivatives data platform CoinGlass, with the specific transaction amount undisclosed. CoinGlass primarily provides derivatives market data such as liquidation heatmaps, open interest, and funding rates. Following the acquisition, CoinGlass will retain its existing brand and continue to operate as an independent business, with existing user services remaining unaffected.