The number of acquisitions saw a year-over-year increase of 18%, reaching 267, the Financial Times reported Tuesday (Dec. 23), citing data from PitchBook.
Notable deals included Coinbase’s $2.9 billion acquisition of Deribit, Kraken’s $1.5 billion purchase of NinjaTrader, and Ripple’s $1.25 billion acquisition of Hidden Road, according to the report.
The value of the deals struck in 2025 was nearly four times that of 2024, reaching $8.6 billion, the report said.
This year also saw 11 crypto IPOs worldwide, up from four in 2024, per the…
