Cryptocurrency investment deals hit a low in 2025 due to various market-specific and macroeconomic factors. In May, only 62 rounds were completed, the lowest since January 2021, raising over $909 million. The drop is attributed to market prices and sentiment fluctuations, with Bitcoin being a standout performer. Despite this, merger and acquisition activity remained strong, with Coinbase Global acquiring Deribit for $2.9 billion. The decline in VC deals may also be influenced by seasonal patterns, but experts anticipate a rebound in early Q4. Regulatory clarity is expected to boost direct deals between large companies and protocols. Overall, the crypto M&A market hit a new high, signaling potential growth opportunities in the future. Read more AI-generated news on: https://app.chaingpt.org/news