Crypto exchanges aren't openly discussing acquisition plans, but they're getting ready to buy

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Quick Take

  • It’s a tough environment out there for crypto startups
  • The global pandemic has cooled M&A activity across the board
  • But exchanges are still gearing up to snap up deals, as recent developments indicate.
Crypto exchanges are gearing up for a period of strategic M&A, The Block's Frank Chaparro writes.
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