2025 has turned into the biggest M&A year in crypto history. Here are 30 of the largest acquisitions so far 👇 Deribit → Coinbase — $2.9B NinjaTrader → Kraken — $1.5B Hidden Road → Ripple — $1.25B GTreasury → Ripple — $1.0B Echo → Coinbase — $375M Bitstamp → Robinhood — $200M Rail → Ripple — $200M Small Exchange → Kraken — $100M Hashnote → Circle — $100M Dynamic → Fireblocks — $90M 21Shares → FalconX Privy → Stripe Web3Auth → Consensys ZeroDev → Arbitrum SolSniper → Phantom Pocket Protector → dYdX Coin Metrics → Talos Oasis Pro → Ondo Finance QCEX → Polymarket — $112M Stable Finance → Aave Labs Rated Labs → Figment Striga → Lightspark Contour → XDC Ventures Dinero Protocol → Plume Network ADEN → Gate Ventures BTC.b → Lombard Finance Meso → MoonPay Iron → MoonPay — $100M LiquiFi → Coinbase — $45M AlloyX → Solowin Holdings — $350M Thoughts?