Behind Crypto’s $50 Billion Boom: How Mega Mergers Are Squeezing Out Real Innovation
On paper, crypto’s capital markets staged a dramatic comeback in 2025: $50.6 billion deployed across 1,409 transactions. At first glance, that sounds like the industry is back to funding a new wave of protocols, consumer apps, and experimental primitives. Look… Read More »Behind Crypto’s $50 Billion Boom: How Mega Mergers Are Squeezing Out Real Innovation