DCDeal Chronicle

M&A & Consolidation

Crypto M&A Explained

Stacked bar chart showing the share of crypto VC capital invested by company stage each year from 2016 through 2025, with 2025 showing the largest later-stage share since 2016 at 57%

Crypto mergers and acquisitions used to be a footnote. For most of the industry's first decade, the big story was venture funding: who raised, how much,…

Deal Chronicle·Sep 3, 2026

About this desk

Deal Chronicle covers crypto venture funding and M&A for readers who have a decision to make and want the reasoning behind it rather than the recommendation on its own. Coverage runs to 4 guides.

Coverage is organised into 2 desks. Venture & Funding — Who is raising, who is writing checks, and how crypto funding rounds come together. M&A & Consolidation — Acquisitions and the consolidation reshaping crypto companies.

Guides are self-contained rather than sequential, so the entry point that works is the headline nearest the problem in front of you. Each one carries the date it was published alongside the date it was last corrected, and names the vendor documentation and dated sources it was compiled from.

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