2025 has turned into the biggest M&A year in crypto history.
Here are 30 of the largest acquisitions so far 👇
Deribit → Coinbase — $2.9B  
NinjaTrader → Kraken — $1.5B  
Hidden Road → Ripple — $1.25B  
GTreasury → Ripple — $1.0B  
Echo → Coinbase — $375M  
Bitstamp → Robinhood — $200M  
Rail → Ripple — $200M  
Small Exchange → Kraken — $100M  
Hashnote → Circle — $100M  
Dynamic → Fireblocks — $90M  
21Shares → FalconX 
Privy → Stripe 
Web3Auth → Consensys 
ZeroDev → Arbitrum 
SolSniper → Phantom 
Pocket Protector → dYdX  
Coin Metrics → Talos  
Oasis Pro → Ondo Finance  
QCEX → Polymarket — $112M  
Stable Finance → Aave Labs  
Rated Labs → Figment  
Striga → Lightspark  
Contour → XDC Ventures 
Dinero Protocol → Plume Network  
ADEN → Gate Ventures  
BTC.b → Lombard Finance 
Meso → MoonPay  
Iron → MoonPay — $100M  
LiquiFi → Coinbase — $45M  
AlloyX → Solowin Holdings — $350M  
Thoughts?
1.28万
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