Two boutique investment banking advisory practices in the crypto market (Architect Partners and Emergents) have merged ahead of an expected deal-making frenzy in 2022. 2021 was a busy year for crypto M&A with nearly 200 acquisitions, according to The Block Research. Some of that activity was driven by players like Coinbase, which snapped up Bison Trails and wallet firm BRD.
"We anticipate a number of M&A themes to play out in 2022, many of which began to play out in 2021 but are still relatively nascent," noted Architect Partner's managing director Eric F Risley.