{"id":213614,"date":"2021-03-29T13:08:42","date_gmt":"2021-03-29T10:08:42","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-mergers-and-acquisitions-doubled-to-1-1b-in-2020-pwc-reports\/"},"modified":"2021-03-29T13:08:42","modified_gmt":"2021-03-29T10:08:42","slug":"crypto-mergers-and-acquisitions-doubled-to-1-1b-in-2020-pwc-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-mergers-and-acquisitions-doubled-to-1-1b-in-2020-pwc-reports\/","title":{"rendered":"# Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports"},"content":{"rendered":"<p>&#8220;<strong># Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional services network PwC.<\/p>\n<p>The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in2020, PwC <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-29\/crypto-m-a-set-to-notch-record-after-doubling-in-2020-says-pwc?sref=323RPL5z\">said<\/a> in a Monday market overview, as seen by Bloomberg.<\/p>\n<p>The average deal size in crypto surged from $19 million in 2019 to nearly $53 million, with crypto fundraising increasing 33% in overall value in 2020. Countries in the EMEA region saw a notable spike in the number of deals, while the Americas recorded a threefold growth in deal value.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-03\/8e538fa9-1348-41be-8f30-05fc3e1b4be8.png\"><figcaption style=\"text-align: center;\"><em>Source: Bloomberg<\/em><\/figcaption><\/figure>\n<p>Following new highs last year, deal activity in the crypto industry is likely to continue growing in 2021. PwC global crypto leader Henri Arslanian said that 2021 is \u201calready on track to significantly surpass it from every single metric\u201d as institutional players and high-profile investors are moving into the industry.<\/p>\n<p>Alongside greater consolidation in crypto, PwC also predicted that the industry will become more institutionalized. The survey reportedly cited major gains in the crypto market \u2014 with Bitcoin hitting its all-time high of over <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">$61,000<\/a> in mid-March \u2014 as well as the growing adoption of central bank digital currencies, stablecoins, decentralized finance and non-fungible tokens, also known as NFTs.<\/p>\n<p>As previously reported by Cointelegraph, major global cryptocurrency exchanges like Binance, FTX and Coinbase made the top three acquisitions in the crypto industry in 2020.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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The total volume of mergers and acquisitions in the crypto industry more than doubled from $481&#8230;<\/p>\n","protected":false},"author":1,"featured_media":213615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvNmFhZDM1NzktNGJiYi00NmY4LWE2YTYtNDNlN2JkNThhNjA2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74860,75719,75567,74355,117,73711],"class_list":["post-213614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-funding","tag-pwc","tag-adoption","tag-business","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/213614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=213614"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/213614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/213615"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=213614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=213614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=213614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}