by: xpoolPosted on:

Coinbase Acquires Deribit for $2.9 Billion: Expanding its Derivatives Market

Coinbase has entered a strategic agreement to acquire Deribit, a leading crypto derivatives platform, for $2.9 billion. The deal will see Coinbase solidify its presence in the global market and bolster its offer of derivative products. Founded by John and Marius Jansen in 2012, Deribit is recognized for its strong Bitcoin and Ethereum options offerings, attracting a professional client base.

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