Global crypto M&A deals hit record in 2022, deal value plummets: PwC

Global crypto M&A deals hit record in 2022, deal value plummets: PwC

PHOTO: Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic

The number of mergers & acquisitions (M&A) in the global crypto space reached a record high of 626 in 2022, up 74.9% from 358 in the previous year, according to a recent report published by the accounting and consulting firm PricewaterhouseCoopers (PwC). 

Edited by: Pramod Mathew