#ETH ChainCatcher News, according to DL News, the crypto market is expected to surpass the record $37 billion in M&A transactions in 2025 with a total deal value exceeding that in 2026. Data from Architect Partners shows that the disclosed crypto M&A deal volume in 2025 surged 7 times to $37 billion, far exceeding analysts' expectations of $30 billion. The number of transactions increased by 74% year-over-year to 356 deals, including 39 deals over $100 million and 17 deals over $500 million. Karl-Martin Ahrend, co-founder of crypto M&A consulting firm Areta, stated that transaction activity in 2026 will depend on regulatory clarity, interest rates, risk appetite, and valuation attractiveness. Traditional financial institutions are most interested in stablecoins and payments. The report indicates that more traditional companies are expected to acquire crypto capabilities rather than build them in-house.