Crypto entering biggest consolidation phase in history, says ARK analyst
Covered by 3 sources · 3 articles
3 outlets - including Cointribune, Dailyhodl and Cointelegraph - are covering this story. For years, the crypto industry has thrived on fundraising and the multiplication of projects. This mechanism now seems to be coming to an end. Capital is now concentrated on a limited number of players, while the most fragile initiatives ar…
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The Crypto Industry Is Entering A New Era Of Consolidation
For years, the crypto industry has thrived on fundraising and the multiplication of projects. This mechanism now seems to be coming to an end. Capital is now concentrated on a limited number of players, while the most fragile initiatives ar…
Crypto Witnesses ‘Biggest Consolidation Phase’ As Investors Become Much More Selective, Says ARK Analyst
Revenue in the cryptocurrency sector is concentrating among just three protocols at unprecedented highs. This shift signals a major consolidation phase with increased shutdowns and mergers ahead. The post Crypto Witnesses ‘Biggest Consolida…
Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.