PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $14.6B worldwide, up from $310M from four IPOs in 2024 (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times: PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $14.6B worldwide, up from $310M from four IPOs in 2024  —  Dealmaking has been driven by Trump administration's crypto-friendly policymaking  —  A record $8.6bn worth of crypto deals were struck in 2025 …

PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $14.6B worldwide, up from $310M from four IPOs in 2024 (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times:
PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $14.6B worldwide, up from $310M from four IPOs in 2024  —  Dealmaking has been driven by Trump administration's crypto-friendly policymaking  —  A record $8.6bn worth of crypto deals were struck in 2025 …

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