In the ‘Opportune’ Bear Market, Crypto Merger & Acquisitions Surge Over 200% in 2018

In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, CNBC reported Oct. 18.

Data compiled by JMP Securities for PitchBook reportedly reveals that the total number of M&A deals in the sector is set to hit 145 by the end of this year, with 115 already closed as of Oct. 15.

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