Deribit | Crypto

"Deribit" in Crypto feed

  • Coinbase's Deribit buy shows growing derivatives market
    Cointelegraph.com - 20:50 May 08, 2025
    The deal reflects competition among crypto exchanges to dominate the burgeoning derivatives market.  Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives.  On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industry’s largest corporate acquisition to date.   The deal reflects increasing competition among digital asset exchanges and brokerages — including Coinbase, Kraken and Robinhood — to dominate the burgeoning crypto derivatives market.  Read more
  • Coinbase to acquire options trading platform Deribit for $2.9B
    Cointelegraph.com - 13:19 May 08, 2025
    Deribit is the world's leading Bitcoin and Ethereum options trading platform, with more than $1.2 trillion in annual trading volume. Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement. Read more
  • Deribit eyes US expansion under crypto-friendly Trump admin: FT
    Cointelegraph.com - 10:44 May 03, 2025
    As crypto regulation softens under Trump, Deribit and other global firms are reassessing opportunities in the US market. Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President Donald Trump’s administration, according to a recent Financial Times report. The Dubai-based exchange, which processed $1.3 trillion in notional volume last year, is “actively reassessing potential opportunities” in the United States, CEO Luuk Strijers told the FT. He cited the “recent shift toward a more favorable regulatory stance on crypto in the US” as a key motivator behind the decision. Read more