Crypto dealmaking hits record pace in 2025 as regulatory clarity fuels consolidation
Crypto industry dealmaking surged to record levels in 2025, with mergers, acquisitions, and public listings accelerating despite Bitcoin’s pullback from its October highs.
According to PitchBook data cited by the Financial Times, crypto companies completed 267 deals worth a combined $8.6 billion this year.
This marks an 18% increase in deal count compared to 2024 and nearly four times the total deal value recorded in 2023.
The surge reflects growing regulatory clarity in the United States. Also, there is a broader push by both crypto-native firms and traditional financial institutions to consolidate ahead of incoming compliance requirements.
Regulatory shift unlocks institutional appetite
Market participants attribute the…
