Summary
- It was reported that virtual asset M&A transactions reached a record high of 62 deals in the first quarter of this year.
- According to the report, the number of virtual asset M&A transactions nearly doubled compared to the previous quarter.
- Dan Tapiero predicted that an M&A boom is expected along with virtual asset IPOs.
In the first quarter of this year, virtual asset (cryptocurrency) mergers and acquisitions (M&A) transactions reached a record high of 62 deals.
On the 1st (local time), Blockworks, a virtual asset specialized media, cited a report from M&A consulting firm Architect Partners, stating, "The number of virtual asset M&A transactions in the first quarter nearly doubled compared to the third quarter of last year (33 deals)."
Previously, Dan Tapiero, founder of the virtual asset investment firm 10T Holdings, predicted at the Digital Asset Summit hosted by Blockworks that "an M&A boom will occur along with the activation of virtual asset initial public offerings (IPOs)."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
