The M&A landscape: Will consolidation continue?

Part of Crypto and Digital Assets Summit 2023

This event took place on Tuesday, May 9, 2023 at 3:30 PM UTC.

The pace of crypto dealmaking accelerated quickly in 2022, but there are signs that the market is beginning to slow, most notably from VC backed bidders. Pension funds and asset managers have been equally reticent to allocate more capital to fledgling blockchain-based projects. Until November 2022, FTX was seen as crypto’s highest profile acquirer and stabiliser. But after its high profile near-collapse and acquisition by Binance, can investor appetite survive? Has the market become too concentrated? Will bitcoin, and wider economic conditions recover? Will VC and TradFi backed investments begin to pour back in?