What Could Crypto M&A Look Like in This Year’s Second Half?
— Acquisitions, Told, Half, Valuations, Companies, Crypto, Miner, Million, Recently, Seek — 1 min read
M&A activity in the first half of 2022 exceeded last year’s record pace. FTX, Binance, Polygon and StarkWare expected to be big players in coming months. Lower valuations for cryptocurrencies alongside crypto companies could trigger more deals. Ripple CEO Brad Garlinghouse said the company has a strong balance sheet and is on the hunt for potential acquisitions. Other companies, such as Google, Twitter and Twitter, are also likely targets for M&As, experts say. Lower valuation for cryptocurrencies and mining companies could also be targets for mergers and acquisitions, according to some experts. For all we know, there are a number of distressed [centralized finance] platforms beyond Celsius, Voyager and BlockFi that could soon signal they're in such dire straits that they would be open to acquisitions Source