Coinbase Acquires Deribit, Focusing on Global Payments & Stablecoins

Coinbase CEO Brian Armstrong emphasized the company’s commitment to global payments and stablecoins during a recent speech at the State of Crypto Summit 2025. He highlighted crypto’s potential in fostering economic freedom, signaling Coinbase’s evolving strategy in the market. The acquisition of Deribit signifies a strategic shift for Coinbase, aiming to bolster its presence in the derivatives space by leveraging Deribit’s existing infrastructure and expertise. This move is expected to attract more institutional investors and fuel regulatory discussions surrounding cryptocurrencies.