A surge of crypto megadeals totaling $8.2 billion has emerged in 2025 as favorable regulations under Trump encourage major acquisitions. Recent highlights include Twenty One Capital’s $3.6 billion merger, Ripple’s $1.25 billion acquisition, and Kraken’s $1.5 billion deal for NinjaTrader, marking a significant rebound in the crypto sector after years of decline.
In a surprising turn, a renewed crypto-friendly White House has ignited a surge of mega-deals in the digital asset world. On April 26, The Wall Street Journal reported that crypto companies are seizing the opportunity created by relaxed U.S. regulations and renewed interest in cryptocurrency from mainstream investors. This shift is ushering in a new era for the once tumultuous crypto landscape.
Among the notable recent developments is the launch of Twenty One Capital, a fresh face in the bitcoin arena. This new company is attempting to go public with a substantial $3.6 billion merger involving a special purpose acquisition company (SPAC) linked to Brandon Lutnick, who’s notable for being the son of Commerce Secretary Howard Lutnick. Remarkably, this represents the third crypto deal exceeding a billion dollars announced in recent weeks.
Earlier this month, Ripple confirmed its intentions to acquire prime broker Hidden Road for $1.25 billion, adding yet another high-profile transaction to the mix. And don’t forget Kraken, which wrapped up a $1.5 billion deal for futures broker NinjaTrader in March—a move that WSJ called one of the largest connections between traditional trading platforms and crypto.
To date, crypto businesses have orchestrated a staggering 88 deals amounting to $8.2 billion since the dawn of 2025, according to data from Architect Partners. Just think about that—transactions in this sector have nearly tripled in value compared to 188 deals conducted during the entirety of 2024. That’s a remarkable jump and indicates a significant turnaround for the industry.
“There’s optimism that finally things changed,” remarked Eric Risley, founder of Architect Partners. He hinted that major players in the crypto sphere are shifting back towards growth, with acquisitions serving as a pivotal strategy for their expansion.
The lull in crypto deal-making can be traced back to the chaotic fallout from the FTX exchange collapse that left many investors wary and led to stricter regulations. However, with Trump back in the White House, the scene is transforming. The president has appointed crypto-friendly regulators and expressed a clear ambition to position the U.S. as the “undisputed bitcoin superpower.” Meanwhile, the Republican-led Congress is cooking up legislation aimed at establishing a solid regulatory framework for digital assets.
The recent wave of crypto deals signals a newfound confidence in the industry, driven by a more favorable regulatory landscape under the current administration. With key players like Twenty One Capital and Ripple making significant moves, the crypto world is eyeing a robust recovery. As regulatory frameworks evolve, we may witness a thriving digital asset market eager to reclaim its footing—a dramatic shift from recent years characterized by uncertainty.
Original Source: www.pymnts.com
