CEX Review 2025: Inclusion in the S&P 500, completion of the largest merger and acquisition in history, and comprehensive acceleration of global compliance and product expansion

On January 7th, CEX officially reviewed key developments in 2025: the company became the first crypto-native enterprise to be included in the S&P 500 index; completed 10 mergers and acquisitions throughout the year, including acquiring CEX, setting the record for the largest M&A in the crypto industry. In the same year, CEX’s new asset launches reached a historic high, the SEC voluntarily dropped charges, and the regulatory environment in Europe and the US significantly improved. On the business front, CEX launched futures and perpetual contracts, US stock trading and prediction markets, crypto collateralized loans, integrated DEX trading, and obtained the EU MiCA license; institutional custody assets reached $300 billion. The Base network achieved Stage 1 decentralization, with stablecoins, payments, and developer ecosystems continuing to expand. CEX stated that 2025 is a “year of high-intensity delivery,” paving the way for a new phase in 2026.