What’s Fueling the Surge in Crypto M&A Activity?
In 2025 we saw an almost historic rise in merging and acquisitions in the cryptocurrency sector, with a whopping $8.6 billion worth of activity taking place. This marked a fourfold increase compared to the previous year, but don’t mistake it for something purely speculative. M&A has shifted into high gear as institutional maturity draws nearer. The surge is fueled by improved regulatory clarity, thanks in part to frameworks like the EU’s MiCA, and the emergence of new buyer cohorts comprised of traditional financial institutions, who now seem to be more interested in compliance and operational abilities rather than growth stories.
Are Institutional Players Leading the Charge?
Yes, they are. Institutional players, including large…




