by: xpoolPosted on:

Coinbase Acquires Deribit: $2.9 Billion Deal Fuels U.S. Crypto Derivatives Expansion

Coinbase has acquired Deribit, a prominent crypto derivatives exchange valued at $2.9 billion, to significantly enhance its presence in the U.S. market. This strategic move will impact Bitcoin and Ethereum options trading, potentially boosting volume and attracting regulatory attention. 🤝 The acquisition includes a cash payment of $700 million alongside an investment in Coinbase Class A stock for the remaining portion.

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