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Trump’s return to the White House will unleash more crypto mergers and acquisitions, experts say
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Trump’s return to the White House will unleash more crypto mergers and acquisitions, experts say

Of Donald Trump Returning to the White House after an election in which candidates backed by the crypto industry overwhelmingly won seats in Congress, the stage appears set for a rush of digital asset mergers.

A half-dozen merger consultants and venture capitalists interviewed by Bloomberg News after Trump’s emphatic victory said they expect a sharp rebound in activity next year. They cited expectations that Trump will make good on his promise to fire the chairman of the U.S. Securities and Exchange Commission Gary Gensler, who has led the crackdown on the industry for years, as well as more favorable legislation.