Tech Giant Mergers Could Boost Interest in Decentralized Cryptocurrencies, Says Bitwise CEO

• MA deregulation drives interest in decentralized alternatives.
• Giants like Google and Amazon expand their blockchain operations.
• Cryptocurrencies surge amid Trump administration's pro-crypto policies.

Bitwise Asset Management CEO Hunter Horsley said that the potential deregulation of mergers and acquisitions (MA) promoted by the Trump administration could significantly benefit the cryptocurrency sector. According to Horsley, the consolidation of large technology companies will create an environment conducive to the growth of decentralized alternatives, a core characteristic of cryptocurrencies.

In a recent post on the X Network, Horsley highlighted that the Trump administration’s economic policies could unlock new opportunities for giant corporations like Amazon and Google to expand their operations through strategic acquisitions. He wrote:
“If the Trump administration unfreezes MA, large corporations could finally use their market capitalization. Amazon could buy Instacart. Google could buy Uber. The big could get bigger, and the middle could shrink.”

Trump administration may unfreeze MA.

Large corporations — mag 7, etc. — may finally be able to wield their market cap. Amazon could buy Instacart. Google could buy Uber. etc etc

The big may get bigger, and the middle may shrink.

If that happens, I think it will accelerate…

— Hunter Horsley (@HHorsley) January 5, 2025

This concentration of corporate power can reinforce the proposal of cryptocurrencies, by offering decentralized alternatives that contrast with the dominance of centralized organizations.

Large Corporations and the Interest in Blockchain

The search for technological innovation in blockchain and crypto assets is already a reality among technology giants. Amazon Web Services (AWS) has stood out by introducing Amazon Managed Blockchain, a tool that allows the creation and management of scalable blockchain networks. In turn, Google Cloud offers solutions for companies to develop and implement decentralized applications, reinforcing their presence in the blockchain ecosystem.

Such corporate moves not only diversify traditional business models, but also expand the adoption of decentralized systems, consolidating blockchain as an essential part of expansion strategies.

Cryptocurrencies and the Current Economic Scenario

Horsley’s comments come as the cryptocurrency market is recovering, with pro-crypto policies fueled by Donald Trump’s re-election. Since Trump’s victory, assets such as Bitcoin have seen significant gains, rising from $69 in November 2024 to $100 in December, before a slight correction. Other cryptocurrencies, such as Ether, Solana (SOL) and Cardano (ADA), have also seen double-digit increases at the start of the year.

Analysts believe that deregulation of MAs could accelerate the consolidation of large companies, while the cryptocurrency sector will continue to benefit as a decentralized alternative to corporate dominance.