Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit
By: the daily hodl|2025/05/10 01:15:04
0
Share
The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit.In a statement, Coinbase says the deal costs approximately $2.9 billion, which includes $700 million in cash and 11 million shares of its Class A common stock subject to purchase price adjustments.“This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives... It’s foundational to our vision of creating the most comprehensive, compliant, and user-friendly derivatives platform globally.”Deribit is the world’s leading crypto options exchange, with approximately $30 billion in current open interest. Last year, the platform also facilitated over $1 trillion in trading volume across key markets, excluding the US.Coinbase says acquiring Deribit will make it the world’s leader in crypto derivatives by open interest and options volume, as well as enable it to accelerate its international growth strategy.“Outside the US, our International Exchange offers spot and perpetual futures products. With Deribit, we will expand our international footprint even further, providing institutional and advanced traders access to robust options markets.”Reports that the two firms are in the advanced stages of acquisition talks emerged in March. Coinbase says the transaction is still subject to regulatory approvals and customary closing conditions, but is expected to be completed by the end of the year.Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price ActionSurf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.Generated Image: MidjourneyThe post Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit appeared first on The Daily Hodl.
You may also like
The flow of stablecoins and the spillover effects in the foreign exchange market
Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...
After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut
The regulated entity is set to launch a stablecoin in the first half of this year.
The person who helped TAO rise by 90% has now single-handedly crashed the price again today
As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.
3-Minute Guide to Participating in the SpaceX IPO on Bitget
Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.
Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis
Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.
How to Earn $15,000 with Idle USDT Before Altcoin Season 2026
Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.
Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2
Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.
Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)
Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.
Will Alt season come in 2026? 5 Tips to Spot the Next 100x Crypto Opportunities
Will altcoin season arrive in 2026? Discover 5 rotation stages, early signals smart traders watch, and the key crypto sectors where the next 100x altcoin opportunities may emerge.
The bear market has arrived, and cryptocurrency ETF issuers are also getting involved
Today's listing of MSBT is the latest landmark in this restructuring, with the influx of institutions accelerating the embrace of cryptocurrencies by traditional finance, but also diluting the liquidity of the native market.
The richest man had a quarrel with his former boss
It has become a huge uproar, as several top figures in the Chinese cryptocurrency circle have engaged in intense verbal battles and confrontations in the past 24 hours.
BTC Firm Above 70K! Saylor’s "Institutional Logic" vs. Moon’s "Retail Faith": Who is Really Harvesting the Market?
Bitcoin is holding firm above the $70,000 support level following a massive short squeeze that liquidated $427 million. As the "Four-Year Cycle" narrative shifts, the market is split: Michael Saylor’s cold, institutional "indiscriminate stacking" vs. Carl Moon’s high-energy retail "hopium." This article decodes these two polar-opposite strategies for the 2026 bull run and reveals how WEEX’s institutional-grade liquidity and AI trading tools empower every type of investor to convert market volatility into profit.
The Girl Who Created the SBTI Test: A Story of a Doomed Cyber Love, an E-Widow Ratfolk
The usefulness of the useless is the highest usefulness.
B.AI Officially Launched: Building AI Agent Financial Bedrock Platform, Driving AGI Era Business Underlying Logic
B.AI has built a complete ecosystem from the AI Service Gateway to the AI Agent Financial Base: The LLM permissionless gateway integrates top global models and a unified API in one stop; The AI Agent infrastructure, through protocols such as x402 and 8004, empowers the AI Agent with an independent wallet and autonomous transactions.
B.AI Officially Launched: Breaking Down A2A Collaboration Barriers to Unlock the Smart Body Economy's Full Potential
With its Multi-Model Intelligent Routing breaking the compute bottleneck on one hand, and the integration of x402, 8004, Skills, and BAIClaw on the other hand, B.AI has seamlessly connected the full-stack business loop of AI Agents from large-scale intelligent scheduling to financial operational capability, accelerating the arrival of the AGI era.
We helped Xu Mingxing write a book called "<OK Life>".
That was a small-town youth who had lost three times, lost 2 million yuan selling a Beijing apartment, always felt like he was about to be spit out by Beijing, and on the screen, encountered something that was said to be unclaimable by anyone.
Rare APY of 400%, is TradeXYZ handing out money to oil bulls?
Futures Trading 101
a16z: Perpetual Contracts are Rewriting Global Trading Rules
Perpetual contracts are expected to become the mainstream trading instrument in the global financial market.
The flow of stablecoins and the spillover effects in the foreign exchange market
Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...
After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut
The regulated entity is set to launch a stablecoin in the first half of this year.
The person who helped TAO rise by 90% has now single-handedly crashed the price again today
As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.
3-Minute Guide to Participating in the SpaceX IPO on Bitget
Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.
Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis
Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.
How to Earn $15,000 with Idle USDT Before Altcoin Season 2026
Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.
App