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In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market
Coinbase agreed to acquire crypto options exchange Deribit for $2.9 billion in cash and stock, marking a major move into U.S. crypto derivatives. The deal follows a months-long bidding contest with Kraken, which opted instead to buy NinjaTrader for $1.5 billion.
Coinbase's Q1 earnings showed a 10% decrease in total revenue, with trading revenue dropping 19% but subscription and ...
Coinbase to acquire Deribit, a move that could potentially improve the US-based crypto exchange's business operations, while ...
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Coinbase Global (NASDAQ:COIN) analysts highlight the company’s recent acquisition and how the future could be brighter with ...
drew praise from Bernstein (with an outperform rating), which called the valuation fair given Deribit’s $1.2 trillion ...
Coinbase (Nasdaq: COIN) has agreed to acquire Deribit for roughly $2.9 billion, The Wall Street Journal reported on May 8.
Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as ...
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