BlockBeats reports that 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 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 sector will decrease, with many payment service providers building their own platforms or forming partnerships instead of pursuing acquisitions. However, he anticipates that at least one unicorn-scale deal will emerge in this sector by 2025. Trading platforms, brokerage firms, mining companies, and data providers are key industries for consolidation. Many large companies in these categories have been searching 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.
