The acquisition of @DeribitOfficial by @coinbase for an astounding $2.9 billion is just the beginning (its the biggest M&A so far, FYI).

What about the crypto media sector?

The last major acquisition in this space was @MilkRoadDaily, acquired by BitFo in December 2022.

At that time, @MilkRoadDaily had been operating for 10 months and boasted 250,000 subscribers. The acquisition was reportedly valued in the eight-figure range.

In this bull run, I expect crypto media platforms and creators to grow in importance and become prime acquisition targets.

Just a hunch.

h/t @CBinsights