Crypto market downturn could lead to new M&A opportunities, according to Galaxy's top deal maker

The pace of M&A in the first half of 2022 exceeded last year’s record pace, though industry experts disagree on whether activity will be suppressed during the second half of the year.

"Overall, there is a lot more receptivity to the idea of M&A in this market environment," Galaxy's head of investment banking Michael Ashe said in an email to The Block. Indeed, a plunge in prices precipitated significant liquidity issues for some firms, from lenders like Celsius and Voyager to funds like Three Arrows Capital.

The heightened activity would continue the first half of the year's hot streak. New data from merger and acquisition advisory firm Architect Partners shows the M&A market was red-hot in the first half of 2022.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MiCA and ToFR: The EU moves to regulate the crypto-asset marketRecent legislation should finally provide consistent regulation across the E.U., but what will that regulation look like asks Tatiana Revoredo, a blockchain strategist at Saïd Business School at the University of Oxford. Todays been great 10B which is inevitable for this project, we’re all multi millionaires. LFG GabrielGHgoesH Doshi_Token DOSHI DOSHIARMY DOSHIGO DOSHITOKEN $DOSHI Clarke_x3 rovercrc RealCryptorich I believe regulation is a good thing. Without it it’s difficult for investment funds, pension funds, companies etc to invest, and let’s face it, it’s there the big 💰💰💰 is. I hope my LEO tokens are going to be just fine.
Source: Cointelegraph - 🏆 562. / 51 Read more »