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The Number Of M&A Transactions In The crypto Industry Reached A Record High Of 197 In 2021
Summary: According to the statistics from The Block Research, the value of M&A transactions promoted by crypto-native, financial, and technology companies totaled nearly $6.1 billion in 2021. So far this year, the number of M&A transactions in the crypto industry has reached 197, a record high. an increase of nearly 130% compared with the 85 transactions ...
According to the statistics from The Block Research, the value of M&A transactions promoted by crypto-native, financial, and technology companies totaled nearly $6.1 billion in 2021. So far this year, the number of M&A transactions in the crypto industry has reached 197, a record high. an increase of nearly 130% compared with the 85 transactions last year.
Some impressive mergers and acquisitions include: Coinbase acquired Bison Trails at an undisclosed price at the beginning of the year to expand into blockchain infrastructure service. Galaxy announced that it would acquire BitGo, a financial services provider, in a transaction of over $1 billion. Mastercard acquired a crypto tracking company CipherTrace. Robinhood completed its first crypto acquisition in December.
By Mary Liu
Tags: Coinbase,Crypto
Link: The Number Of M&A Transactions In The crypto Industry Reached A Record High Of 197 In 2021 [Copy]
