M&A is coming for DeFi protocols as market conditions change

At the Permissionless conference in sunny West Palm Beach, conversations around mergers and acquisitions in crypto were heating up as market players were starting to discuss this trend growing at the protocol level for decentralized finance (DeFi).
Panelists Nikita Ovchinnik, chief business development officer at 1inch; Vanessa Grellet, managing partner at Aglaé Ventures; and Tom Schmidt, partner at Dragonfly Capital, took to the stage with TechCrunch to discuss what DeFi M&A will look like as crypto market conditions become shakier.
Conference host (and my former employer) Mike Ippolito,

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