Analysis of the key themes driving M&A activity reveals that blockchain accounted for 10 financial services deals announced in Q2 2023, worth a total value of $50m. The $50m minority acquisition of INX Digital Company by Republic Core was the industry’s largest disclosed deal. GlobalData’s Blockchain Market Size, Share, Trends, and Segment Forecast to 2030 report offers insights on application of blockchain in banking and other key sectors. It provides forward-looking analysis of the market including market sizing up to 2026, segmentation by application, potential growth opportunities, and competitive profi Buy the report here.
In value terms, blockchain-related deal activity decreased by 97% in Q2 2023 compared with the previous quarter’s total of $1.5bn and fell by 90% as compared to Q2 2022. Related deal volume decreased by 17% in Q2 2023 versus the previous quarter and was 41% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were Eight Capital; Haywood Securities; Origin Capital Group with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Cassels Brock & Blackwell; Goodmans; Halpern & Co with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Blockchain Market Size, Share, Trends, and Segment Forecast to 2030 buy the report here.