by: xpoolPosted on:

Coinbase Acquires Deribit in $2.9 Billion Deal: A Major Shift for Crypto Derivatives

Coinbase has made a significant move in the crypto market by acquiring Deribit, a leading cryptocurrency derivatives platform, for $2.9 billion. This landmark deal marks the largest acquisition in the sector and signals a major shift in the dynamics of the crypto derivative landscape. 5% on Coinbase shares suggest investor confidence in this strategic expansion.

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