Crypto M&A Hits Record $9.7B in H1 2026 Despite CLARITY Act Setback
- —Disclosed crypto M&A value hit $9.7 billion in H1 2026, up 44% year over year
- —The number of announced acquisitions fell 8% to 87
- —The four largest deals accounted for 76% of disclosed value
- —Payward (Kraken) agreed to buy Reap for ~$600M and Bitnomial for up to $550M
Why it matters: Industry consolidation is continuing without a federal market structure law, signaling growing maturity of crypto infrastructure.
Source: UseTheBitcoin