Coinbase Acquires Deribit in Landmark $2.9B Crypto Derivatives Deal
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Coinbase Acquires Deribit in Landmark $2.9B Crypto Derivatives Deal

May 8, 2025
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In a landmark move for the digital asset space, Coinbase has announced its acquisition of Dubai-based Deribit, one of the world’s largest crypto derivatives exchanges, for a staggering $2.9 billion. The deal, a mix of $700 million in cash and 11 million shares of Coinbase Class A common stock, marks

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