Coinbase’s Bold $2.9B Move: Deribit Acquisition Shakes Up Crypto Derivatives

Coinbase is shaking up the crypto world with its $2.9 billion acquisition of Deribit, a leading derivatives exchange. This bold move cements Coinbase’s position in the growing crypto options market, adding significant institutional influence. With Deribit’s massive $30 billion open interest, Coinbase is set to redefine competition and innovation in crypto trading. Stay tuned for more updates on how this deal will reshape the industry!

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