Changelly CEO: Binance's acquisition of CoinMarketCap will benefit both parties

In response to Binance ’s recent acquisition of the encrypted data website CoinMarketCap, Eric Benz, CEO of the crypto exchange Changelly, stated that he has known the CoinMarketCap team for many years and believes this transaction will benefit both parties. In his view, the timing of Binance ’s agreement is better, because the impact of the new coronavirus is emerging in many different industries. He added: "If you want to make any acquisition in this crypto industry environment, then it is CMC. Binance has done an excellent job in achieving this goal, and wish them the best in providing users with a better platform Success. On the one hand, this may seem like a unilateral transaction, but on the other hand, it shows the importance of crypto market data, and this is just the beginning of the crypto merger phase. "