{"id":57688,"date":"2022-02-14T13:44:29","date_gmt":"2022-02-14T11:44:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57688"},"modified":"2025-09-04T12:57:09","modified_gmt":"2025-09-04T09:57:09","slug":"pwc-reports-nearly-5000-jump-in-crypto-ma-deal-volume","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pwc-reports-nearly-5000-jump-in-crypto-ma-deal-volume\/","title":{"rendered":"PwC reports nearly 5,000% jump in crypto M&#038;A deal volume"},"content":{"rendered":"<p>In 2021, the volume of M&#038;A deals in the cryptocurrency industry reached $55 billion, up from $1.1 billion a year earlier. The increase stood at 4,846%, according to PwC&#8217;s <a href=\"https:\/\/www.pwc.com\/gx\/en\/financial-services\/pdf\/2021-full-year-global-crypto-ma-and-fundraising-report.pdf\">report<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/i7-_WG_EAnC6--6G4GwVRy8SSCl_UpNmtfCy-np_MhQyg2fecqYjZx4_8zivV8_74v9PrvicvbZjIorYKT5bg5azxzGAvPNtxkX_ADU4zlv9rWgWk0pkUahubrcUCEsF_KTdAWBP\" alt=\"PwC reports near 5,000% growth in crypto M&#038;A deal volume\"\/><figcaption>Source: PwC.<\/figcaption><\/figure>\n<p>The average M&#038;A deal size also rose\u2014from $52.7 million to $179.7 million. PwC experts noted that this largely reflects the contribution of the ten largest M&#038;A deals in the sector, each valued at more than $1 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/Mm_IlgkTlEWboBmjJoNSrHaAaj9jwHUJa2h--MMo3CWH8vp6Aur5NPiW5xcAmpi4i9Ku3zcnzH-iTfoNGtHip-3htR1OXCWntRMqVCl9pP6HhGqRGoKB_saWCXp8F-uPTK8aJObp\" alt=\"PwC reports near 5,000% growth in crypto M&#038;A deal volume\"\/><figcaption>Source: PwC.<\/figcaption><\/figure>\n<p>Geographically, the largest number of deals was in North and South America \u2014 51% of the total 393. However, by cumulative value the leader was the Europe, Middle East and Africa (EMEA) region, with $25.5 billion.<\/p>\n<p>Total funds raised by crypto-industry companies in 2021 amounted to $34.3 billion across 1,552 deals. The year before, the figures stood at $4.6 billion and 616 respectively.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/MwN4smBZ_EP8tY1ucvV-Czk5SQyL2sePgsRKsWgjpSjrUPX0-E4C4GPxbv0roQHI-IzcNi1B9xAL9yKsqTHTugbTJpo9NhLdp9n2e_I24yUk48alkaVNMt4yE6z4Vxcr-l5-XzTc\" alt=\"PwC reports near 5,000% growth in crypto M&#038;A deal volume\"\/><figcaption>Source: PwC.<\/figcaption><\/figure>\n<p>Seventy-four percent ($22.4 billion) of the total financing volume went to crypto companies based in the American continent. This amount accounted for 49% of the total number of venture deals in the industry.<\/p>\n<p>PwC expects consolidation in the crypto space to continue in 2022. They are not confident about the popularity of mergers with <span data-descr=\"decentralized finance (DeFi)\" class=\"old_tooltip\">DeFi<\/span>, <span data-descr=\"non-fungible tokens (NFT)\" class=\"old_tooltip\">NFT<\/span> and metaverses sectors. However, experts believe a rise in M&#038;A deal volumes in these segments will not occur due to their immaturity.<\/p>\n<p>As noted, in 2021 one of the largest rounds in the crypto industry was the Series B financing for the FTX exchange <a href=\"https:\/\/forklog.com\/en\/news\/ftx-raises-900-million-at-an-18-billion-valuation\">for $900 million<\/a>. Subsequently, the amount of investments raised in connection with it grew to $1 billion.<\/p>\n<p>In January 2022, FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-raises-400-million-at-a-32-billion-valuation\">announced raising $400 million<\/a>. In February, the company <a href=\"https:\/\/forklog.com\/en\/news\/ftx-agrees-to-acquire-liquid-the-bitcoin-exchange\">acquired the Japanese platform Liquid<\/a> along with its subsidiaries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2021, the volume of M&#038;A deals in the crypto industry reached $55 billion, up from $1.1 billion a year earlier. The increase stood at 4846%, according to PwC&#8217;s report.<\/p>\n","protected":false},"author":1,"featured_media":57689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1235,1275],"class_list":["post-57688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-mergers-and-acquisitions","tag-pwc"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=57688"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57688\/revisions"}],"predecessor-version":[{"id":57690,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57688\/revisions\/57690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/57689"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=57688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=57688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=57688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}