Coinbase’s $2.9 Billion Deribit Deal: How This Acquisition Will Boost Its Profitability
Coinbase is acquiring crypto derivatives exchange Deribit for $2.9 billion, aiming to strengthen its presence in global options trading, especially in Asia, Europe, and the Middle East. The acquisition will also provide Coinbase with a leadership position in options trading, boosting its profitability and market reach.
