According to CoinMeta, Wu said that CoinMarketCap has announced the completion of its acquisition of an encrypted derivatives data platform, although the transaction amount has not been disclosed. Following the acquisition, CoinMarketCap will incorporate the outstanding positions, funding rates, clearing, and options data provided by Coinglass into its market data system. Officials stated that CoinMarketCap has approximately 115 million monthly users, covers 28 exchanges with over 2,500 trading varieties, and has more than 5 million monthly users, as well as over 10,000 API customers. Coinglass will continue to operate as an independent business under its original brand, with its website, APP, free tools, API, and pricing all remaining unchanged for now.