Data: Messari reports that the total amount of cryptocurrency mergers and acquisitions this year has reached 11.98 billion USD

Messari data shows that the scale of mergers and acquisitions (M&A) in the crypto industry in 2025 is expected to match the total of the past five years. So far, the disclosed transaction amount has reached $11.98 billion, which is more than three times that of any single year from 2020 to 2023.