The total cost of M&A in the field of cryptocurrencies has gr | Best Crypto Traders Official
The total cost of M&A in the field of cryptocurrencies has grown 50 times.
The total value of mergers and acquisitions (M&A) transactions in the field of crypto assets in 2021 increased 50 times and reached $55 billion compared to $1.1 billion a year earlier, according to a PwC report.
Their number increased to 393 from 118, and the average size - to $179.7 million from $52.7 million. At the same time, several mega-deals worth more than $1 billion were concluded last year, while in 2020 there were none. “The largest and most developed crypto companies have become more actively involved in mergers and acquisitions - this is a sign that the crypto industry market is becoming more mature and the sector is beginning to consolidate,” the message says.
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