.@coinbase acquiring @DeribitOfficial is a major signal: crypto M&A is heating up.

I wrote back in January that 2025 would be a year of M&As in DeFi, and it’s unfolding fast.

My take on what’s driving it: https://www.coindesk.com/opinion/2025/01/13/why-2025-will-be-a-year-of-m-and-a-in-de-fi