2025's Crypto M&A Record: 8.6 Billion Dollars!

Historic Year in the Crypto Sector

The cryptocurrency industry achieved a record $8.6 billion in mergers and acquisitions (M&A) in 2025. This figure is significantly higher than the $2.17 billion recorded in 2024.

Notable Transactions

Among the largest transactions of the year are Coinbase's acquisition of Deribit for $2.9 billion, Kraken's purchase of NinjaTrader for $1.5 billion, and Ripple's acquisition of Hidden Road for $1.25 billion.

New Regulations Proved Effective

This significant increase was also supported by the competition among firms seeking licenses due to the implementation of new compliance rules. 11 crypto firms entered the process of going public, raising a total of $14.6 billion.