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PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $14.6B worldwide, up from $310M from four IPOs in 2024 (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times : PitchBook: crypto M&A hit $8.6B across 267 deals in 2025 vs. $2.17B in 2024; 11 crypto IPOs raised $...

12 December 2025

Sources: China is considering a $28B to $70B incentives package, which will operate separately from the $50B Big Fund III, to support its chipmaking industry (John Liu/Bloomberg)

John Liu / Bloomberg:
Sources: China is considering a $28B to $70B incentives package, which will operate separately from the $50B Big Fund III, to support its chipmaking industry  —  China is considering a package of incentives worth as much as $70 billion to bankroll and support its chipmaking industry …

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