The third week of March 2025 brought significant changes to the crypto industry, including major mergers and investments. The focus was on expanding trading platforms and payment infrastructure.
Mergers in the Crypto Market
Kraken completed its acquisition of NinjaTrader for $1.5 billion. This merger aims to expand Kraken's analytical capabilities and develop financial and trading infrastructure.
Investment Rounds and Leaders
MoonPay secured $200 million with a credit line from Galaxy. Walrus raised $140 million to develop storage solutions. VIA and Crossmint secured investments of $28 million and $23.6 million, respectively.
Prospects for New Crypto Projects
Numerous crypto projects received funding for new developments: Halliday raised $20 million, Utila $18 million, and SlingShot DAO and Privy also attracted significant investments. This indicates high investor interest in areas such as payment and gaming solutions, as well as improved security.
The deals closed and investments attracted in March 2025 highlight the ongoing development of the crypto industry, which focuses on innovations in trade analytics, payment solutions, and security. These events demonstrate markets' desire to strengthen their positions and increase competitiveness.