Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Banks and fintech companies accelerate digital asset mergers and acquisitions, Citizens Bank predicts intensified industry consolidation

Banks and fintech companies accelerate digital asset mergers and acquisitions, Citizens Bank predicts intensified industry consolidation

ChaincatcherChaincatcher2025/10/30 16:10
Show original

According to ChainCatcher, market sources indicate that a recent research report from Citizens Bank in the United States shows that mergers and acquisitions in the digital asset industry are accelerating and are expected to speed up further. With the passage of the GENIUS Act (stablecoin regulations) and the anticipated introduction of the CLARITY Act (market structure), the U.S. regulatory environment has shifted from "hostile" to supportive, prompting banks, payment processors, and asset management companies to actively integrate blockchain infrastructure.

The report points out that Mastercard is in talks to acquire ZeroHash for up to $2 billion, and an exchange is also close to completing a similarly sized acquisition of London-based BVNK. The complexity of technology, talent shortages, and compliance requirements make acquisitions the most practical expansion path for traditional institutions. The market capitalization of stablecoins has increased from $250 billion in mid-year to about $315 billion, and is expected to exceed $1 trillion. Citizens Bank predicts that by 2030, the tokenization market could generate nearly $100 billion in annual revenue, including trading, custody, and data services.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!