Crypto M&A Activity Surges in May with Notable Deals Across the Sector
Crypto mergers and acquisitions are gaining momentum this May, signaling robust industry growth beyond just headline-grabbing transactions. A flurry of smaller deals—including Alchemy’s acquisition of DexterLab, 0x’s purchase of Flood, and Gnosis snapping up HQ.xyz—demonstrates widening appetite across the ecosystem.
The pace already rivals 2021’s record levels, fueled by strategic moves from heavyweights like Coinbase and Kraken. Finance remains the dominant category for deals, according to Blockworks Research, though the sector’s diversification continues.