by: xpoolPosted on:

Coinbase Acquires Deribit: A Major Signal for the Future of Cryptocurrency Derivatives

In a landmark move within the cryptocurrency market, Coinbase has acquired Deribit, a leading crypto derivatives platform, for $2.9 billion. This deal signifies the growing importance of financial derivatives in the realm of crypto exchanges and reflects the intense competition amongst digital asset players like Coinbase, Kraken, and Robinhood to dominate this burgeoning market.

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