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Opinion: Trump's reelection may drive a surge in crypto mergers and acquisitions

Opinion: Trump's reelection may drive a surge in crypto mergers and acquisitions

CointimeCointime2024/11/10 04:11
By:Cointime

after being re-elected as president, Trump plans to replace the SEC chairman, which is expected to bring a more friendly regulatory environment for the cryptocurrency industry. Multiple M&A advisers and venture capitalists expect that the new SEC leadership will accelerate cryptocurrency M&A transactions by 2025. Casper Johansen from The Spartan Group and Haseeb Qureshi from Dragonfly Capital both stated that under Trump's administration, CEOs may accelerate expansion through acquisitions. Many cryptocurrency companies, including FalconX and Tether, have M&A plans, but high valuations remain a barrier to M&A.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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