Crypto based businesses are driving M&A deals, but traditional firms engage too.
How long will it be before we see Coinbase using its equity back on the acquisitions trail following its recent public listing on the NASDAQ exchange? Afterall, Coinbase has been growing fast with 35 million users in July 2020 and over 56 million clients — net income of $322.3 million in its 2020 profits and $1.8 billion of revenue in Q1 2021. It is certainly in rude health. Coinbase is no stranger to doing deals with notable acquisitions including Tagomi, a crypto currency brokerage platform, the controversial…