... technologies and talents. Overall, the current activity in acquisitions and major venture deals indicates that the market is maturing. Mature startups are either merging with each other or becoming targets for acquisition by corporations, while venture investors are finally obtaining the long-awaited profitable exits. Russia and the CIS: Local Initiatives Amidst Global Trends Despite external constraints, startup activity is showing signs of revival in Russia and neighboring countries. In particular, several new venture funds aimed at supporting early-stage tech projects—worth ...

... startups, expanding market horizons. A wave of consolidation and M&A deals. Major mergers, acquisitions, and strategic investments are reshaping the industry landscape, opening new possibilities for exits and scaling companies. Local focus: Russia and the CIS. Despite restrictions, new funds and initiatives are emerging to develop local startup ecosystems, attracting investors' attention to the region. The Return of Mega Funds: Big Money Back in the Market The largest investment players are triumphantly returning to the venture arena, signaling a renewed appetite for risk. Japanese conglomerate SoftBank has announced ...

... increasingly integrated into the financial system. Enhanced transparency and collaboration between banks and crypto firms are building investor trust and legitimizing the industry. Technologies and Innovations in the Market Progress in financial technologies continues ... ... measures. Additionally, Ledger has introduced a Recover feature for wallet backup to simplify access restoration. Focus on the CIS: TON and Mining In the CIS region, the cryptocurrency ecosystem is evolving, offering both new opportunities and challenges....

... exits and consolidation of companies. Global Expansion of Venture Capital. The investment boom is reaching new markets—from the Persian Gulf and Southeast Asia to Africa and Latin America—creating their own tech ecosystems. Local Focus (Russia and CIS). Despite restrictions, new funds and initiatives are emerging to develop local startup ecosystems that attract investor attention to the region. IPO Wave Continues: The Window to Go Public Remains Open The global IPO market is steadily reviving after a prolonged silence. In Asia, Hong Kong has sparked a new wave of IPOs: in recent weeks, several large tech companies ...

... exits and scaling companies. Global Expansion of Venture Capital. The investment boom is extending into new regions—from the Gulf countries and South Asia to Africa and Latin America—forming their own tech ecosystems. Local Focus: Russia and the CIS. Despite constraints, new funds and initiatives are emerging to develop local startup ecosystems, increasing investor interest in the region. The Return of Mega Funds: Big Money Back on the Market The largest investment players are making a triumphant return to the venture arena, indicating a renewed appetite for risk. Japanese conglomerate SoftBank, after a ...