menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

1w

read

127

img
dot

Image Credit: Bitcoinist

Deribit Acquisition Talks In Progress: Coinbase Eyes Derivatives Market

  • Coinbase Global is reportedly in advanced negotiations to acquire Deribit, a derivatives startup based in the Netherlands.
  • Deribit is known for its platform for trading cryptocurrency options and futures contracts, with significant trading volumes.
  • If the deal is finalized, it could become one of the largest acquisitions in the cryptocurrency industry, valuing Deribit between $4 billion and $5 billion.
  • The potential acquisition aligns with Coinbase's strategy to expand its product offerings and strengthen its position in the evolving crypto landscape.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app