In 2025, Washington’s support for digital assets led to a record $8.6 billion in crypto deals, the busiest year for mergers and acquisitions in the industry. Major acquisitions by firms like Coinbase, Kraken, and Ripple drove this surge, with 267 transactions recorded, marking an 18% increase from the previous year. Regulatory clarity and policy shifts have fueled this growth, with experts predicting continued strong activity in 2026.

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