According to RootData, in October this year, the cryptocurrency industry saw a total of 21 public merger and acquisition transactions, including Coinbase acquiring echo for $375 million, Kranken acquiring [the SMALL exchange](https://www.rootdata.com/zh/Projects/detail/the SMALL exchange?k=MjE5MDY= “futures trading platform”) for $100 million, and Modern Treasury acquiring Beam for $40 million. Additionally, companies such as Aave, Blockstream, CoinShares, Fireblocks, Figment, Plume, Ondo Finance, Farcaster, and Pump.Fun have also engaged in M&A activities.
Meanwhile, the total number of merger and acquisition events in the cryptocurrency industry this year has reached 144, representing an increase of over 100% compared to the same period last year, setting a new historical record.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click “Report”, and we will handle it promptly.