Report: Coinbase and Kraken expand most in 2019, acquiring 21 companies in total

According to AMBCrypto, cryptocurrency analysis company CoinGecko recently released its 2019 annual report showing that Coinbase and Kraken led the business expansion competition in 2019, and the two exchanges acquired 13 and 8 companies in 2019, respectively. Among them, data services is the most popular industry, accounting for 44% of the total number of acquisitions. The main services provided by the industry are analytics and block browsers. Internally, exchanges and escrow wallet services are the second and third most popular areas, each with a 20% share of the acquisition. Financial services providing investment and brokerage functions ranked third with a 16% acquisition share.