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‼️ Crypto M&As reach new ATH at $8.6 billion
📈 Mergers and acquisitions in the cryptocurrency sector reached $8.6 billion in 2025, according to Cryptopolitan, which exceeds the combined total of the past four years.
➡️ In 2025, 133 deals were closed, compared to 107 in 2022. The largest by volume involved Coinbase, Kraken, and Ripple.
➡️ Architect Partners, which uses a different tracking method, reports an even higher M&A volume of $12.9 billion.
It took less than 10 months to update the industry's ATH, as the downturn began in October and companies that postponed deals to the end of the year found themselves in a worse position.