Dragonfly: 2025 will inevitably be a more active year for crypto mergers and acquisitions
ChainCatcher news, according to The Block, Dragonfly General Partner Rob Hadick stated: "2025 will definitely be a more active year for cryptocurrency mergers and acquisitions, but the deal between Stripe and Bridge (this October, payment company Stripe acquired stablecoin platform Bridge for $1.1 billion) is unique and unlikely to be replicated."
Hadick expects that large merger and acquisition deals in the stablecoin/payment sector will decrease, as many payment service providers will build their own platforms or form partnerships rather than pursue acquisitions. However, he anticipates that at least one unicorn-sized deal will emerge in this sector in 2025. Key industries for consolidation include trading platforms, brokerage firms, mining companies, and data providers. Many large companies in these categories have been looking for potential targets that might be interested in being acquired, but so far, very few companies have seriously pushed for consolidation and paid the price for this privilege.