Announced

Coinbase to acquire Deribit for $2.9bn.

Synopsis

Coinbase, a crypto exchange and wallet platform, agreed to acquire Deribit, a cryptocurrency futures and options exchange, for $2.9bn. “We’re excited to join forces with Coinbase to power a new era in global crypto derivatives. As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options – all under one trusted brand. Together with Coinbase, we’re set to shape the future of the global crypto derivatives market," Luuk Strijers, Deribit CEO.

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