2021 M&A and investment data show a surge in deals involving entities with a nexus to crypto—a reflection of both the record levels of deal activity this year and the broader trend of more and more businesses taking an interest in cryptocurrencies and crypto-assets.
Year to date, 577 deals involving at least one party with “crypto” included in its entity description have been announced and have closed or are currently pending. That’s the highest total for such deals since they began to show up at a noticeable level around 2017. The aggregate value of these deals is $25.5 billion, also ...