Crypto M&A activity in 2025 hit record highs at $8.6 billion across 133 deals, surpassing the prior four years combined. Led by Coinbase and Ripple, this surge reflects industry expansion amid regulatory shifts and easing interest rates, signaling resilience in turbulent markets. Coinbase completed six acquisitions totaling billions, including the $2.9 billion Deribit deal, dominating [...]