Bitwise CEO: Trump administration may promote mergers and acquisitions, which will accelerate the development of the cryptocurrency industry
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Odaily reported that Bitwise CEO Hunter Horsley posted on X, stating: "The Trump administration may unfreeze M&A deals. Large companies (such as the Big Tech) may ultimately be able to leverage their market capitalization. Amazon can acquire Instacart, Google can acquire Uber, and so on. Large companies may become even larger, while medium-sized companies may shrink. If this happens, I believe it will accelerate the development of cryptocurrencies. The premise of cryptocurrencies is the distrust of large institutions acting in one's best interest. The increasing size of large companies further highlights this. 2025 will be fascinating."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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