News: Blockchain M&A To Accelerate, With Payments A Key Sector

Feb 22nd 2019 Author:

Jon Edirmanasinghe

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The global blockchain market has seen unprecedented growth in recent years. Analysis published this month has indicated the market will grow at an impressive CAGR of 80% between 2018 and 2025. This super-charged expansion has prompted a sizeable uptick in M&A activity in the sector with a 200% increase year-on year in deal flow in 2018. The M&A surge is driven by blockchain companies with deep pockets making acquisitions as well as well-funded start-ups that are able to buy smaller companies to increase their market share and expand their businesses. The spread of blockchain technology into the payments arena is also a key driver behind increased deal flow and is likely to be a key driver of M&A for 2019.

 

Read full article in Blockchain Tribune here