Industry Pulse: Record M&A Activity and Strategic Expansion

Jan Strandberg
December 12, 2025
5 min read

Crypto merger and acquisition activity continues to break records in 2025, with total deal value surpassing $8.6 billion through more than 130 transactions, exceeding the combined volume of the previous four years.

Recent strategic moves highlight the trend toward global expansion and regulated growth. Robinhood announced an acquisition of an Indonesian brokerage and licensed crypto trading firm to accelerate entry into Southeast Asia’s large retail and digital asset market.

Binance also secured its first global exchange license under the Abu Dhabi Global Market framework, underscoring the increasing importance of compliant infrastructure for cross-border operations.

As institutional and regulated participants pursue growth through acquisition and licensing, deal flow remains concentrated around custody, compliance tooling, and market access assets in preparation for broader adoption.

Mergers & Acquisitions Deal of the Week

This established market-making and liquidity-infrastructure provider supports Web3 projects across more than 80 centralized exchanges and multiple DEX ecosystems. With over five years of operations and more than 500 projects served, the business offers a mature proprietary technology stack, real-time analytics, and an experienced in-house trading and engineering team.

The company generates recurring revenue through service fees and profit-sharing arrangements and reports $917K in trailing-twelve-month revenue with $616K in profit, demonstrating strong margins and operational efficiency.

For acquirers, this is an opportunity to obtain a turnkey liquidity provider in a high-barrier segment, complete with established exchange relationships, proven technology, and clear expansion potential through SaaS productization, white-label solutions, and coverage of additional L1 and L2 ecosystems.

Secondary Market Opportunity: Gunzilla

Gunzilla is a next-generation gaming studio developing AAA-quality titles powered by its proprietary blockchain infrastructure, the GUNZ platform. The studio’s flagship game, Off The Grid, is built in partnership with leading creators from major franchises and integrates digital asset ownership, player-driven economies, and seamless on-chain interactions without compromising mainstream gameplay quality. Gunzilla’s technology stack allows studios to build Web3-enabled games where blockchain functions remain invisible to players, improving accessibility and adoption.

This SAFT opportunity gives qualified investors exposure to a studio positioned at the intersection of AAA gaming and digital asset infrastructure. With a team of industry veterans, strong publishing partnerships, and a platform designed to make Web3 mechanics frictionless for traditional gamers, Gunzilla is well placed within one of the fastest-growing segments of interactive entertainment. Growing interest in digital asset ownership in gaming, combined with institutional attention on high-quality gaming IP, adds further relevance to this opportunity.

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Jan Strandberg
December 12, 2025
5 min read

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