Coinbase CEO Plans Further Acquisitions Following Deribit Deal

Reported about 11 hours ago

Brian Armstrong, CEO of Coinbase Global Inc., announced that the company is actively pursuing more mergers and acquisitions after its recent $2.9 billion purchase of Deribit, a derivatives exchange. Armstrong emphasized the importance of finding the right opportunities, especially in international markets, while also noting their sizable balance sheet and public company status as advantages for potential deals, such as future considerations involving the stablecoin issuer Circle.

Source: YAHOO

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