Naturally, projects that aren’t able to compete with the larger competitors will look to merge their businesses to stay afloat. “The next wave of M&A is likely to occur in sectors where there is a high degree of fragmentation, like Layer 1 chains that didn’t break Top 10, DEXs, DeFi protocols, node operators, and possibly even NFT projects,” said Aki Balogh, co-founder and CEO of DLC.Link

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• Source: https://www.coindesk.com/business/2024/04/04/crypto-has-too-many-tokens-and-mergers-are-coming/?utm_medium=referral&utm_source=rss&utm_campaign=headlines