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Crypto M&A hits record $8.6B as Coinbase, others drive big deals
Deal values in the crypto space have surged to a record $8.6B this year through Nov. 20, driven by major acquisitions from industry heavyweights like Coinbase Global (COIN) and Kraken (KRAKEN), Bloomberg reported, citing data from PitchBook. “Major crypto companies have become more acquisitive in 2025, with rate cuts, regulatory clarity and the crypto bull market earlier in the year shifting them into growth mode,” said PitchBook analyst Ben Riccio, Bloomberg reported. Record crypto M&A this year comes -- blowing past the previous $4.6B record in 2021 -- on the heels of Coinbase's (COIN) $2.9B takeover of ... (full story)
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