📈 M&A (Mergers and Acquisitions) in the cryptocurrency market reached a record 8.6 billion USD in 2025
(According to CoinDesk) - Under the push from President Trump's supportive policies for the cryptocurrency market, M&A activities reached a record value of 8.6 billion USD in 2025, four times that of 2024.
Notable and representative deals of the year:
🔹Coinbase acquired the derivatives exchange Deribit for 2.9 billion USD — this is the largest deal in the history of the industry.
🔹Kraken spent 1.5 billion USD to acquire the retail futures trading platform of NinjaTrader.
🔹Ripple completed the acquisition of the institutional brokerage firm Hidden Road for 1.25 billion USD.
And a few other deals.
📈 IPOs and market capitalization:
In addition to M&A, 2025 also witnessed a wave of IPOs from cryptocurrency companies, raising a total of approximately 14.6 billion USD from 11 public offerings — this figure far exceeds the 310 million USD of the previous year.
💡Overall:
👉 The year 2025 saw a lot of fluctuations from mergers and acquisitions of major projects to unusual volatility in the futures market with extremely severe liquidations.
👉 Experts expect that in 2026, the market will stabilize and see a resurgence.
