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Coinbase to Acquire Deribit: Becoming the Most Comprehensive Global Crypto Derivatives Platform

  • Coinbase has agreed to acquire Deribit, the leading crypto options exchange, in a significant move to enhance its derivatives business.
  • The acquisition will position Coinbase as the premier global platform for crypto derivatives, offering a comprehensive range of trading options including spot, futures, perpetual futures, and options.
  • Deribit's strong market presence and track record of generating positive Adjusted EBITDA are expected to boost Coinbase's profitability and provide diversified revenue streams.
  • This strategic move by Coinbase aims to lead the significant growth expected in the crypto options market and accelerate its global derivatives strategy, catering to institutional and advanced traders worldwide.

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