Trump’s pro-business policies could boost crypto growth through M&A, says Bitwise CEO

Trump’s pro-business policies could boost crypto growth through M&A, says Bitwise CEO


  • Trump’s presidency may boost M&A activity, driving crypto adoption through decentralized alternatives
  • Corporate giants like Amazon and Google have strengthened blockchain integration, signaling increased crypto adoption

After a rough end to 2024, Bitcoin [BTC] witnessed a week of bullish momentum fueled by New Year optimism. In fact, the king coin maintained stability between the $98,000-$99,000 mark for two consecutive days soon after, before breaching $100k again.

Nevertheless, as Donald Trump’s inauguration approaches, market participants are bracing for potential shifts in the crypto landscape.

What could drive crypto adoption?

An interesting shift is the revival of M&A activity. In his latest X (formerly Twitter) post, Hunter Horsley, CEO of Bitwise Asset Management, threw a spotlight on it.

He highlighted that under the Trump administration, M&As could push crypto adoption by underscoring the advantages of decentralized systems over centralized institutions that may not prioritize individual interests.

For those unaware, Mergers and Acquisitions (M&A) have remained subdued in recent years. The total announced deals in 2024 reached $1.4 trillion—An improvement from 2023 but still lagging behind pre-pandemic figures, according to Dealogic.

However, Trump’s return to the presidency is anticipated to reignite M&A activity. This could be driven by factors such as a more favorable economic climate, lower interest rates, and regulatory shifts.

Will 2025 be the year for crypto?

With these changes on the horizon, 2025 is poised to become a key year, potentially marked by a significant hike in both the volume and scale of M&A transactions.

Remarking on the same, Horsley added,

“Large corporates — mag 7, etc — may finally be able to wield their market cap. Amazon could buy Instacart. Google could buy Uber.”

That being said, the anticipated surge in M&A activity could amplify market consolidation. This would place greater power and control in the hands of dominant corporations. This trend may challenge mid-sized companies, which could struggle to compete against the growing influence of industry giants.

Horsley further suggested that such consolidation will likely fuel interest in cryptocurrencies.

Why? Because individuals and businesses may increasingly turn to decentralized systems as an alternative to centralized institutions that prioritize their own interests over broader market fairness.

He added,

“The conceptual premise of crypto is not trusting large institutions to do what’s in your best interest. The big getting bigger accentuates this.”

The role of big tech giants

Additionally, the convergence of corporate giants like Google and Amazon with the blockchain sector further highlights the accelerating adoption of decentralized technologies. From Amazon’s Managed Blockchain to Google’s Blockchain-as-a-Service on Google Cloud, these initiatives underscore the growing integration of blockchain within enterprise infrastructure.

All these coupled with Trump’s election win, which has revived the cryptocurrency market by pushing Bitcoin from $69,000 in November to over $100,000 at press time, are signs of the momentum and a new era for digital assets.

Ergo, as institutions deepen their blockchain involvement, the potential for widespread crypto adoption appears stronger than ever.

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