Coinbase CEO looking at more acquisitions after $2.9B Deribit buy

“We are always looking at M&A opportunities,” said the Coinbase chief executive, Brian Armstrong, following the Deribit deal.

Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit.

“We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14.

He added that the firm has a large balance sheet that can be put to use.

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