{"id":"list-of-largest-crypto-industry-mergers-and-acquisitions","version":1,"language":"en","title":"List of the largest crypto M&A deals","hidden":false,"content":"The following table ranks the largest [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and [blockchain](https://iq.wiki/wiki/blockchain) industry mergers and acquisitions by deal size.  \n  \n| Rank | Year | Purchaser | Purchased | Transaction value (in millions USD) |  \n| ---- | ---- | --------- | --------- | ----------------------------------- |  \n| 1 | 2021 | [Coinbase](https://iq.wiki/wiki/coinbase) | Bison Trails | 457.3 [\\[3\\]](#cite-id-a6otoktaj67) [\\[1\\]](#cite-id-jvnu8wff0x8) |  \n| 2 | 2020 | [Binance](https://iq.wiki/wiki/binance) | [CoinMarketCap](https://iq.wiki/wiki/coinmarketcap) | 400 [\\[2\\]](#cite-id-pbuuwh3isdn) |  \n| 3 | 2018 | [Circle](https://iq.wiki/wiki/circle) | Poloniex | 400 [\\[5\\]](#cite-id-dmmfk2z63bk) |  \n| 4 | 2021 | [Polygon](https://iq.wiki/wiki/polygon) | Mir | 400 [\\[6\\]](#cite-id-o6q5d6qtgkn) |  \n| 5 | 2021 | NYDIG | Bottlepay | \\~280-300 [\\[7\\]](#cite-id-oojy1dcqmed) |  \n| 6 | 2022 | Coinbase | FairXchange | 275.1 [\\[3\\]](#cite-id-a6otoktaj67) |  \n| 7 | 2022 | Coinbase | Unbound | 258 [\\[3\\]](#cite-id-a6otoktaj67) |  \n| 8 | 2023 | [Ripple](https://iq.wiki/wiki/ripple-labs) | Metaco | 250 [\\[4\\]](#cite-id-3soa7v2x0ew) |  \n| 9 | 2021 | Polygon | Hermez Network | 250 [\\[8\\]](#cite-id-nv8qwzqp27r) |  \n| 10 | 2024 | Robinhood | [Bitstamp](https://iq.wiki/wiki/bitstamp) | \\~200 [\\[10\\]](#cite-id-qlecxshne4) |  \n| 11 | 2021 | PayPal | Curv | \\~200 [\\[14\\]](#cite-id-dw6fyd57e3l) |  \n| 12 | 2022 | WonderFi | First Ledger Corp (parent of Bitbuy Technologies) | 161.8 [\\[9\\]](#cite-id-4730doplb6p) |  \n| 13 | 2024 | CleanSpark | GRIID | 155 [\\[11\\]](#cite-id-crooukvftnq) |  \n| 14 | 2024 | Bitdeer | Desiweminer | 140 [\\[12\\]](#cite-id-xikuyb8277r) |  \n| 15 | 2018 | Coinbase | Earn.com | \\~120 [\\[13\\]](#cite-id-rr9owgnz78k) |  \n| 16 | 2019 | [Kraken](https://iq.wiki/wiki/kraken) | Crypto Facilities | \\~100 [\\[19\\]](#cite-id-ua214hdxz1c) |  \n| 17 | 2023 | [Bullish](https://iq.wiki/wiki/bullish) | [Digital Currency Group](https://iq.wiki/wiki/digital-currency-group) (parent of [CoinDesk](https://iq.wiki/wiki/coindesk)) | \\~70-80 [\\[15\\]](#cite-id-yg57qehfhp) [\\[16\\]](#cite-id-yrgm95k3o5f) |  \n| 18 | 2023 | Foresight Ventures | [The Block](https://iq.wiki/wiki/the-block) | 70 [\\[17\\]](#cite-id-mfjg548lczb) |  \n| 19 | 2019 | Coinbase | Xapo | 68.3 [\\[18\\]](#cite-id-xn7snjmco8) |  \n| 20 | 2020 | Coinbase | Tagomi | 41.79 [\\[18\\]](#cite-id-xn7snjmco8) |  \n","summary":"The list ranks major cryptocurrency and blockchain mergers and acquisitions by transaction value.","categories":[{"id":"organizations","title":"Organizations"}],"promoted":0,"tags":[],"metadata":[{"id":"references","value":"[{\"id\":\"jvnu8wff0x8\",\"url\":\"https://www.theblock.co/post/205211/coinbase-loses-bison-trail-co-founders-sources\",\"description\":\"Bison trails acquires Coinbase\",\"timestamp\":1729287356485},{\"id\":\"pbuuwh3isdn\",\"url\":\"https://www.coindesk.com/business/2020/04/02/they-have-the-users-binance-ceo-explains-why-he-bought-coinmarketcap/\",\"description\":\"'They Have the Users': Binance CEO Explains Why He Bought CoinMarketCap\",\"timestamp\":1729287737500},{\"id\":\"a6otoktaj67\",\"url\":\"https://archive.is/aFs56\",\"description\":\"Archived Axios: Coinbase's acquisition currency\\n\",\"timestamp\":1729288550237},{\"id\":\"3soa7v2x0ew\",\"url\":\"https://www.coindesk.com/business/2023/05/17/ripple-buys-crypto-custody-firm-metaco-for-250m/\",\"description\":\"Ripple Buys Crypto Custody Firm Metaco for $250M\\n\",\"timestamp\":1729288780087},{\"id\":\"dmmfk2z63bk\",\"url\":\"https://www.coindesk.com/markets/2021/07/08/circle-lost-156m-on-poloniex-acquisition-spac-documents-reveal/#:~:text=Circle%20bought%20Poloniex%20for%20%24400,one%2Dstop%20shop%20for%20crypto.\",\"description\":\"Circle Lost $156M on Poloniex Acquisition, SPAC Documents Reveal\",\"timestamp\":1729289189514},{\"id\":\"o6q5d6qtgkn\",\"url\":\"https://www.coindesk.com/business/2021/12/09/polygon-acquires-ethereum-scaling-startup-mir-for-400m-in-matic/\",\"description\":\"Polygon Acquires Ethereum Scaling Startup Mir for $400M\",\"timestamp\":1729289411823},{\"id\":\"oojy1dcqmed\",\"url\":\"https://www.theblock.co/post/122564/nydig-acquires-british-crypto-startup-bottlepay-300-million-stock-purchase\",\"description\":\"NYDIG acquires British bitcoin startup Bottlepay in $300 million stock purchase\",\"timestamp\":1729289693470},{\"id\":\"nv8qwzqp27r\",\"url\":\"https://cointelegraph.com/news/polygon-acquires-hermez-network-for-250m-will-merge-native-tokens\",\"description\":\"Polygon acquires Hermez Network for $250M, will merge native tokens\",\"timestamp\":1729289786535},{\"id\":\"4730doplb6p\",\"url\":\"https://blockworks.co/news/wonderfi-announces-closing-of-bitbuy-acquisition-overcoming-regulatory-hurdles\",\"description\":\"WonderFi Announces Closing of Bitbuy Acquisition, Overcoming Regulatory Hurdles\",\"timestamp\":1729289972251},{\"id\":\"qlecxshne4\",\"url\":\"https://www.reuters.com/markets/deals/robinhood-bets-big-crypto-with-200-million-deal-bitstamp-2024-06-06/\",\"description\":\"Robinhood bets big on crypto with $200 million deal for Bitstamp\",\"timestamp\":1729289998271},{\"id\":\"crooukvftnq\",\"url\":\"https://cointelegraph.com/news/cleanspark-acquires-griid-stock-transaction\",\"description\":\"CleanSpark acquires GRIID for $155M stock transaction\",\"timestamp\":1729290106937},{\"id\":\"xikuyb8277r\",\"url\":\"https://www.coindesk.com/business/2024/06/06/bitcoin-miner-bitdeer-to-buy-asic-chip-designer-desiweminer-for-140m-in-all-stock-deal/\",\"description\":\"Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal\",\"timestamp\":1729290347857},{\"id\":\"rr9owgnz78k\",\"url\":\"https://techcrunch.com/2018/04/16/coinbase-buys-earn-com-and-makes-ceo-balaji-srinivasan-its-first-cto/\",\"description\":\"Coinbase buys Earn.com and makes CEO Balaji Srinivasan its first CTO\",\"timestamp\":1729290584427},{\"id\":\"dw6fyd57e3l\",\"url\":\"https://decrypt.co/60505/paypal-buys-crypto-firm-curv-for-nearly-200-million\",\"description\":\"PayPal Acquires Crypto Security Firm Curv for Nearly $200M\",\"timestamp\":1729290817296},{\"id\":\"yg57qehfhp\",\"url\":\"https://finance.yahoo.com/news/bullish-paid-close-75-million-170506197.html\",\"description\":\"Bullish paid close to $75 million to acquire CoinDesk.\",\"timestamp\":1729291287161},{\"id\":\"yrgm95k3o5f\",\"url\":\"https://www.wsj.com/finance/currencies/company-led-by-former-nyse-president-buys-crypto-news-site-coindesk-af3b5cc2?page=1\",\"description\":\"Company Led by Former NYSE President Buys Crypto News Site CoinDesk\",\"timestamp\":1729291315226},{\"id\":\"mfjg548lczb\",\"url\":\"https://www.coindesk.com/business/2023/11/13/asia-fund-picks-up-majority-stake-in-the-block-buys-out-shares-tied-to-sam-bankman-fried-loan/\",\"description\":\"Crypto News Site The Block Bought by Foresight Ventures in $70M Deal\",\"timestamp\":1729291573241},{\"id\":\"xn7snjmco8\",\"url\":\"https://www.theblock.co/linked/96056/coinbase-acquisitions-sec-tagomi-neutrino\",\"description\":\"Coinbase's SEC filing reveals new details about its acquisitions of Tagomi, Xapo and Neutrino\",\"timestamp\":1729291604717},{\"id\":\"ua214hdxz1c\",\"url\":\"https://www.coindesk.com/policy/2020/07/06/kraken-owned-crypto-facilities-wins-uk-license-to-offer-derivatives-trading/\",\"description\":\"Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading\",\"timestamp\":1729291786172}]"},{"id":"commit-message","value":"shortening the 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