Coinbase Acquires Deribit for $2.9B to Dominate Crypto Derivatives Market

Coinbase has announced one of the largest acquisitions in the crypto space this year, revealing a $2.9 billion deal to acquire Deribit, a leading global crypto options exchange. The deal includes $700 million in cash and 11 million Coinbase shares, signaling the U.S.-based exchange’s strategic pivot into the booming world of crypto derivatives. Founded in […]