Crypto options king! Coinbase announces acquisition of Deribit to create the world’s most complete crypto derivatives trading platform

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ABMedia
a day ago
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This nearly $3 billion major transaction will enable Coinbase to instantly become the world's largest crypto options and derivatives market platform, further expanding its international layout and institutional trading services.

Historic Key Acquisition, Coinbase Acquires the World's Largest Crypto Options Exchange

Coinbase has officially announced that it has reached an agreement to acquire Deribit, the global leading crypto options exchange, which currently has an outstanding contract total of approximately $30 billion, the highest in the entire market. This strategic acquisition is of great significance to Coinbase, not only expanding its derivatives business but also making it the most comprehensive global crypto derivatives trading platform.

This transaction is viewed as an important milestone for Coinbase to sprint into the derivatives market, providing richer product portfolios and trading experiences for global institutions and advanced traders.

Futures, Perpetual Contracts, Spot, Options - All-in-One

Coinbase emphasizes that this integration with Deribit will realize the vision of "one-stop crypto derivatives trading". As a leader in crypto options, Deribit will perfectly complement Coinbase's existing US futures and international perpetual contract businesses, forming a complete product chain covering spot, futures, perpetual contracts, and options.

This highly capital-efficient integrated trading platform can not only attract more professional users but also help Coinbase stand out in the highly competitive global derivatives market.

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According, will $2.99 Acquire Deribit, including million and 11 000 shares of Coinbase A-class stocks. transaction needs to regulatory and other routine closing conditions, and is expected to be completed by the end of 2025.

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This is not the first time Coinbase has expanded its business through acquisitions. In recent years, several key acquisitions have successfully transformed into platform core products, including:

  • → ase Custody

  • → Coinbase Prime

  • → Coinbase Derivativesbase Exchange li>

  • One River Digital (2023) → Coinbase Asset Management

These acquisitions have gradually built a complete institutional-level service matrix, and now Deribit adds another important piece to the puzzle.

Future Outlook: Building the Most Comprehensive Compliant Derivatives<>>

Coinbase stated in its announcement that this acquisition is not just a business expansion, but a key step towards realvision establishing a comprehensive, compliant, and user-friendly cryptocurrency trading platform.

With Deribit joining the family, Coinbase is rapidly moving towards this goal, the, to lead the next wave of global market growth. <>div>

Risk Warning

Cryptocurrency investment carries high risks, high risks, price may fluctuate dramatically, and and you may lose all your your principal. Please are advised to assess assess the risks carefully.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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