Coinbase to Acquire Deribit for $2.9B, Enhancing Crypto Derivatives Presence

Coinbase, the biggest cryptocurrency exchange in America, will acquire Deribit, a major crypto derivatives platform. The $2.9 billion deal was officially confirmed on May 8. Coinbase is on a mission to penetrate the lucrative crypto derivative market. The agreement aligns with Coinbase’s broader strategy to accelerate global growth and broaden its product offerings in the […] The post Coinbase to Acquire Deribit for $2.9B, Enhancing Crypto Derivatives Presence appeared first on Coin Edition.