Tag: Crypto derivatives 2025
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Coinbase Buys Deribit for $2.9B: A New Era for Crypto Derivatives?
Coinbase Global Inc. acquired Deribit, the world’s largest Bitcoin and Ether options exchange, for $2.9 billion on May 8, 2025. The deal, combining $700 million cash and 11 million Coinbase shares, marks a bold push into crypto derivatives. Can Coinbase challenge Binance in this high-stakes market? Strategic Push into Derivatives Deribit processed $1.2 trillion in…