Bitwise CEO: The Trump administration may promote merger and acquisition trends, accelerating the development of the cryptocurrency industry
Bitwise CEO Hunter Horsley posted on X saying, "The Trump administration may unfreeze MA deals. Large corporations (like the Big Seven) might finally be able to leverage their market value. Amazon could acquire Instacart, Google could acquire Uber, and so on.
Big companies may become even bigger while medium-sized ones may shrink. If this happens, I believe it will accelerate the development of cryptocurrencies. The premise of cryptocurrency is a lack of trust in large institutions doing what's best for you. The growth of big companies further highlights this point. 2025 will be fascinating."
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.
You may also like
Ninepoint announces the upgrade of its Web3 Innovation Fund to an ETF
Swarms briefly touched 0.6 USDT, with a 24-hour increase of 60.38%