Coinbase to Acquire Options Exchange Deribit, Expanding US Derivatives Push
- —Deribit is a leading venue for BTC and ETH options among institutional traders
- —Deal would complement Coinbase's regulated US futures business
- —Purchase price and closing timeline were not disclosed
- —Deribit operates largely outside the US with a global client base
Why it matters: Coinbase gains ready-made options infrastructure and strengthens its position in the higher-margin derivatives segment as competition for institutional volume intensifies.
Source: Bitcoin Insider
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