Coinbase Buys Deribit for $2.9B to Lead Crypto Derivatives

M&A | May 8, 2025 Coinbase Buys Deribit for $2.9B to Become Global Crypto Derivatives Leader On May 8, 2025, Coinbase announced that it has agreed to acquire Deribit in a $2.9 billion deal, to become the world’s largest crypto options exchange. The acquisition includes $700 million in cash and 11 million shares of Coinbase

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