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一个绝对疯狂的M&A融资吹顶现象发生在去年年底的数字资产领域。
这通常是牛市达到狂热状态的一个明确信号。最大的FOMO来自外部投资者和机构配置者,他们希望通过从该领域内购买公司来乘坐这波浪潮。
自2025年11月以来,数字资产M&A下降了-90%,从$15B 降至不足20亿美元。