The cryptocurrency industry hit a significant milestone in the third quarter of 2025, surpassing $10 billion in mergers and acquisitions (M&A) for the first time. This marks a remarkable increase of over 30 times compared to the same period last year, according to data from Architect Partners. A prominent example is FalconX’s acquisition of 21Shares, illustrating a wider trend where cryptocurrency experts are transitioning into traditional investment channels through regulated products. U.S. President Donald Trump’s policies have fueled this surge in M&A activity, prompting companies like 21Shares to reconsider their strategic approaches. As regulatory hurdles ease and major Wall Street firms actively engage with the cryptocurrency sector, established players are bolstering their competitive positions.