Bitwise CEO Predicts Rise in Crypto Mergers with Trump Administration

Hunter Horsley connects the consolidation of corporate power to the rising demand for cryptocurrency.

Hunter Horsley, the CEO of Bitwise Asset Management, has indicated that the economic strategies of the Trump administration might significantly influence the cryptocurrency landscape.

Recently, Horsley shared his thoughts in a tweet, mentioning that potential deregulations regarding mergers and acquisitions could enable major corporations, such as Google and Amazon, to broaden their scope through strategic acquisitions. M&As refer to the process where companies either merge or one company acquires another, ultimately helping corporations achieve scale, increase market share, or acquire vital assets.

Horsley posited that this concentration of corporate power may propel the adoption of decentralized systems, which aligns with the fundamental principle of cryptocurrency: skepticism towards centralized entities. He believes that as large corporations enhance their control, the appeal of cryptocurrencies—intended to provide alternatives to such organizations—could increase.

Corporate giants like Google and Amazon are increasingly looking into blockchain technology and digital assets to explore entry points into the cryptocurrency market. A case in point is the Amazon Managed Blockchain service launched by Amazon Web Services, which facilitates the creation and management of scalable blockchain networks. This initiative positions Amazon as a significant player in the growing enterprise blockchain sector.

Similarly, Google has bolstered its footprint in the cryptocurrency arena by forming strategic partnerships with leading blockchain projects and integrating blockchain technology into its cloud offerings. Companies can now utilize blockchain-as-a-service on Google Cloud to develop and launch decentralized applications.

These developments illustrate how major corporations are leveraging blockchain technology to diversify their business models while using traditional M&A strategies to widen their reach, thereby further promoting the uptake of decentralized systems.

Horsley’s remarks emerge amid a significant rebound in the cryptocurrency market following Donald Trump’s recent re-election. Many in the cryptocurrency industry have welcomed Trump’s victory due to his pro-business policies and stance perceived as supportive of digital assets and blockchain innovation. These policies have contributed to a bullish market trend, with experts linking much of the market surge to a more favorable regulatory landscape under Trump’s administration.

Since Trump’s electoral success, the cryptocurrency market has experienced considerable expansion, with Bitcoin serving as a prime example, soaring from around $69,000 on November 8, 2024, to over $100,000 in early December.

Bitwise CEO predicts Trump administration to boost crypto mergers - 1
Bitcoin 1D chart | Source: crypto.news

This growth has largely been fuelled by shifts in the political landscape and expectations of relaxed regulations, which experts believe will foster a more favorable environment for digital assets.

Analysts also suggest this surge is influenced by political changes and the likely easing of regulations, potentially crafting a more conducive atmosphere for digital assets.

Horsley leads Bitwise, an investment firm dedicated to cryptocurrency investments for over seven years. The firm provides a range of offerings, such as crypto-focused funds, ETFs, and more, aimed at granting investors exposure to the crypto and Web3 sectors.

Horsley asserts that the influence exerted by major market players, coupled with regulatory modifications, is poised to shape the future of both digital assets and traditional financial systems in 2025, marking an exciting time for activities related to M&A as well as the cryptocurrency landscape.



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