<ul><li>Coinbase has acquired Deribit, a major crypto derivatives exchange, for $2.9 billion, signaling a shift towards the derivatives market amid growing institutional interest in the sector.</li><li>The move expands Coinbase's presence in the derivatives market, emphasizing long-term infrastructural growth and advanced financial tools over retail volatility.</li><li>Deribit's strong position in options trading for Bitcoin and Ethereum brings speed, security, and liquidity, giving Coinbase a competitive advantage in a market surpassing spot trading volume.</li><li>The acquisition reflects a broader trend in the industry towards maturity, utility, and regulatory compliance, as platforms like Coinbase aim to offer a full suite of services catering to all market participants.</li></ul>

Coinbase Buys Deribit for $2.9B as Derivatives Take the Lead in 2025’s Crypto Shift

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