- M&As under Trump could lead to corporate consolidation, boosting crypto adoption.
- Corporate Bitcoin adoption is accelerating as more companies join the Bitcoin standard.
- Tokenization may revolutionize equity markets, enabling more companies to access capital.
As 2025 approaches, the financial world is bracing for significant changes, with the Trump administration possibly playing a pivotal role in reshaping the market. Hunter Horsley, CEO of Bitwise Asset Management, believes that the administration’s potential to “unfreeze” mergers and acquisitions (M&As) could have profound implications for corporate power dynamics. The impact of these shifts might accelerate the adoption of cryptocurrency, as larger corporations gain more control, highlighting the need for decentralized alternatives.
Mergers and Acquisitions Could Reshape Corporate Power
Under the Trump administration, the lifting of restrictions on mergers and acquisitions could lead to massive consolidation in key industries. Major players like Amazon could acquire Instacart, and Google could purchase Uber, signaling the growing dominance of big corporations.
Horsley points out that as the largest companies expand, the middle-tier businesses could shrink, leading to an even more concentrated market. This concentration may foster a renewed sense of distrust in large institutions, amplifying the appeal of decentralized systems like cryptocurrency.
Corporate Bitcoin Adoption Is Gaining Momentum
This shift in corporate power is expected to fuel the continued rise of Bitcoin adoption among large corporations. Horsley anticipates that 2025 will see more publicly traded companies joining the Bitcoin standard.
He references the growing number of billionaires and corporations investing in Bitcoin, noting that this trend signals an increasing confidence in the digital asset. With 11 publicly traded companies acquiring Bitcoin in just one week, it’s clear that Bitcoin’s role in corporate portfolios is gaining momentum.
Tokenization: A Revolutionary Shift in Equity Markets
Moreover, Horsley also envisions a transformative shift in equity markets, driven by tokenization. While many focus on democratizing access to financial resources, Horsley argues that the true revolution lies in the supply side.
He notes that while only about 4,600 companies in the U.S. have access to public equity markets, over 200,000 companies generate over $10 million in revenue. Tokenization could unlock new possibilities for these companies to access capital in innovative ways, disrupting traditional equity markets.
