Matrixport has completed the acquisition of cryptocurrency service provider Crypto Finance, a subsidiary of Deutsche Boerse, and renamed the company Matrixport Asset Management AG. This development stands out as a significant merger and acquisition move in the cryptocurrency market. However, given the current market conditions and regulatory uncertainties, there are serious doubts about how positively such mergers will contribute to the industry in the long term. In particular, increasing global regulatory pressures could have negative effects on the future of cryptocurrency markets.