Crypto consolidation is underway, and one corner of the market is especially in play
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Quick Take
- A wave of consolidation is sweeping finance, and similar trends are playing out in crypto
- In crypto, there are far too many service providers relative to investors and traders
- If firms can’t raise enough money to survive alone, then they might opt to be acquired.
There's been a recent flurry of major acquisitions in the world of traditional financial services – a development that perhaps forces market participants in crypto to consider similar efforts.
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