by: xpoolPosted on:

Coinbase Acquires Deribit: A $2.9 Billion Deal that Fuels the Global Derivatives Market

Coinbase has made a significant move in the cryptocurrency market by acquiring Deribit for $2.9 billion. This deal expands Coinbase’s reach within the global derivatives market, a crucial aspect of trading crypto assets like Bitcoin and Ethereum. 50 to 80 new tokens are expected to be listed on Coinbase soon. The acquisition signals Coinbase’s strategic vision to become a leading player in this space.

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