Crypto mergers and acquisitions are up significantly in the last 2 years, and the exchanges have been leading the charge in this regard. These crypto exchanges have taken to buying out the competition in a bid to not only expand their operations but to stay one step ahead of their competitors. This has led to a buying spree in the market that has not slowed despite the bear market.
Crypto Exchanges Take The Lead
Naturally, in the crypto market, it would be expected that buying activity would slow down as the price of various digital assets starts to decline. However, this has not been the case with the bear market of 2022. Instead of backing off and taking a breather, crypto exchanges have taken to this market as an opportunity to acquire companies at a discount.
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