Crypto industry to see more mergers this year: PitchBook

PitchBook, a capital market company, predicts increased mergers in the crypto industry this year, particularly among infrastructure providers, exchanges and custody firms, according to DL News. The company notes that venture capitalists are especially interested in stablecoins and artificial intelligence (AI). The AI-crypto sector's market value has hit $55 billion, with projections suggesting it could add another $20 trillion to the global economy by 2030. Stablecoins also continue to attract investor attention as the U.S. moves towards establishing a legal framework for them.