Coinbase Exploring Acquisition of Derivatives Exchange Deribit: Latest Industry Developments and Implications for Crypto Trading
Coinbase is reportedly in advanced negotiations to purchase Deribit, a leading cryptocurrency derivatives exchange known for trading Bitcoin and Ether options. This move aims to enhance Coinbase’s current derivatives offerings, which mainly include futures. If the acquisition goes through, it will involve transferring Deribit’s license in Dubai to Coinbase. Bloomberg estimates that the deal could ...
