Kraken’s Breakout deal is just the start as crypto M&As seen to soar to $30bn as number of deals double in 2025 – DL News
Weekly Raise
- Big businesses are increasingly scooping up crypto firms.
- The surge is driven by traditional firms and regulatory clarity, analysts say.
- The news comes on big acquisitions from Kraken, Coinbase and Stripe.
Crypto mergers and acquisition dealmaking is shifting into overdrive.
More than 200 deals worth almost $20 billion have already been announced this year, with the M&A market on pace to see deals worth up to $30 billion — over 10 times 2024’s $2.8 billion, according to Karl-Martin Ahrend, co-founder of crypto M&A firm Areta.
The number of deals is expected to reach nearly 400, up from 190 last year, he told DL News.
The surge is from “big conviction bets from people expanding their footprint geographically or…