Reported about 9 hours ago
Coinbase has announced its agreement to acquire the cryptocurrency options platform Deribit for $2.9 billion, marking a significant milestone in the crypto industry. This acquisition aims to enhance Coinbase's offerings by providing deeper liquidity and improved trading tools. The deal has led to a more than 4% rise in Coinbase's stock. This move follows several previous acquisitions by Coinbase to expand its presence in the derivatives market.
Source: YAHOO