Coinbase Buys Derivatives Exchange Deribit In Landmark $3 Billion Deal ⋆ ZyCrypto

By: bitcoin ethereum news|2025/05/09 01:30:02
0
Share
copy
Coinbase has agreed to buy Deribit, a crypto derivatives exchange, according to a May 8 announcement. Acquiring Deribit — the world’s biggest venue for trading Bitcoin options — would greatly advance Coinbase’s push into the highly profitable crypto derivatives market. Coinbase To Boost Derivatives Business With A $2.9B Deal To Buy Deribit Leading U.S. spot exchange Coinbase is set to carve out a bigger slice of the crypto derivatives market. According to the Wall Street Journal , Coinbase will buy Deribit in a deal valued at a whopping $2.9 billion. The agreement will include a mix of $700 million in cash and 11 million shares of Coinbase Class A common stock. Acquisition Talks have reportedly reached the final stages following months of discussions. “This will make us the most comprehensive player in derivatives,” Coinbase’s vice president of institutional product, Greg Tusar, told the WSJ . Deribit lists options, futures, and spot cryptocurrencies. The platform processed $1.2 trillion in trading volume last year, making it a key player in the crypto options market. Deribit already holds a license in Dubai, which would need to be transferred to Coinbase if the deal is consummated successfully. The license gives the exchange legal standing to provide crypto derivatives trading to institutional and qualified investors. “With Deribit’s strong presence and professional client base, Coinbase is making its most substantial move yet to accelerate our international growth strategy,” Tusar continued. We are acquiring @DeribitOfficial to build the most powerful global crypto platform—bringing spot, futures, and options together under one roof. pic.twitter.com/6TWPiHPjrr — Coinbase ️ (@coinbase) May 8, 2025 Until the deal is sealed later this year, pending regulatory approvals, Deribit will continue its business as usual. “Same platform, same team, same commitment to excellence,” the announcement said. However, Deribit co-founders John and Marius Jansen will step away from the options trading platform once the deal is completed. “We’re excited to join forces with Coinbase to power a new era in global crypto derivatives,” Deribit CEO Luuk Strijers postulated, adding: “As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options — all under one trusted brand.” Coinbase’s acquisition of Deribit marks a growing trend of large acquisitions in the cryptocurrency market amid a more lenient environment under President Donald Trump. Notably, Trump promised to make America the “undisputed Bitcoin superpower.” On May 1, rival exchange Kraken officially announced it was finalizing the purchase of US derivatives trading platform NinjaTrader to offer futures trading. Source: https://zycrypto.com/coinbase-buys-derivatives-exchange-deribit-in-landmark-3-billion-deal/

-- Price

--

You may also like

What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets

What is TradFi in crypto? Learn how crypto traders can now trade crude oil, gold, stocks, and global markets directly with USDT on WEEX TradFi with 0 fee trading and a $150,000 bonus pool.

How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App

WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.

FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?

FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.

At the Stripe conference, I saw the future of the AI economy

When agents cross the boundaries of tools and begin to make autonomous decisions and payments, a new business transformation has arrived.

Miners welcome a new life

Under the dual impact of the halving crisis and market crash, Bitcoin mining farms are fully transforming into AI data centers by leveraging existing power infrastructure, fiercely securing billions in orders from tech giants for a comeback.

Seven Important Judgments by Claude Code's Founder at the Sequoia Conference

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com