CoinVoice has recently learned that, according to the Financial Times, the global cryptocurrency industry completed a total of 267 merger and acquisition transactions in 2025, amounting to 8.6 billion USD, nearly quadrupling from 2024 and setting a record high. The Trump administration has prioritized cryptocurrency as a national issue, promoting regulatory easing, withdrawal of lawsuits, and the establishment of a national cryptocurrency reserve, which has spurred capital influx. Coinbase spent 2.9 billion USD to acquire Deribit, marking the largest transaction of the year, while Kraken and Ripple acquired NinjaTrader and Hidden Road, respectively. A total of 11 cryptocurrency companies went public, raising a total of 14.6 billion USD. It is expected that the M&A boom will continue in 2026 due to compliance pressures and the implementation of stablecoin regulations. [Original link]