🔥🔥A major wave of mergers and acquisitions in the cryptocurrency market as major companies such as Ripple, Coinbase, and Robinhood seek to increase their dominance in the market👇
Ripple:
↙️Acquisition of Hidden Road: In April 2025, for $1.25 billion.
↙️Acquisition of Metaco: In May 2023, Ripple acquired the Swiss company Metaco, specializing in digital asset custody, for $250 million.
↙️Attempted acquisition of Circle: Ripple made an offer to purchase Circle for between $4 to $5 billion. However, Circle rejected the offer.
Coinbase:
↙️Acquisition of Deribit: In May 2025, Coinbase announced its acquisition of the Deribit platform for $2.9 billion.
↙️Acquisition of the Iron Fish team: In March 2025, Coinbase acquired the development team of the Iron Fish project aimed at developing privacy tools for users.
Robinhood:
↙️Acquisition of WonderFi: In May 2025, for 250 million Canadian dollars.
↙️Acquisition of Bitstamp: In 2024, Robinhood announced its intention to acquire Bitstamp for $200 million.
🚀🚀The struggle between financial institutions and major companies to expand their influence in the crypto market is continuously increasing, reinforcing the idea of adopting the field and its larger launch over time.