Coinbase Acquires Deribit for .9 Billion to ‘Add Diversity to Trading Revenues’

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’

Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the announcement, the agreement is worth some $30 billion of current open interest. That […]

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’ Read More »