BlockBeats news, on January 1, according to The Block, Dragonfly general partner Rob Hadick stated: "2025 will definitely be a more active year for cryptocurrency mergers and acquisitions, but the deal between Stripe and Bridge (this October, payment company Stripe acquired the stablecoin platform Bridge for $1.1 billion) is unique and unlikely to be replicated."
Hadick expects that large merger and acquisition deals in the stablecoin/payment space will decrease, as many payment service providers will build their own platforms or form partnerships instead of pursuing acquisitions. However, he anticipates that at least one unicorn-sized deal will occur in this sector in 2025. Trading platforms, brokerage firms, mining companies, and data providers are key industries for consolidation. Many large companies in these categories have been looking for potential targets that might be interested in being acquired, but so far, very few companies have seriously pushed for consolidation and paid the price for this privilege.