RootData: The industry is entering a "big fish eats small fish" consolidation phase, with a merger and acquisition boom expected in Q4 2025
ChainCatcher News, ChainCatcher News, according to the RootData 2025 Web3 Industry Annual Report, 2025 will show a rhythm of “concentrated IPOs in Q3 and a surge in mergers and acquisitions in Q4,” reflecting the path of companies “first going public to raise funds, then integrating and expanding.” M&A volume in November alone accounted for 59% of the annual total, mainly triggered by major moves such as Naver’s acquisition of Dunamu.
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