Deribit

The world's largest cryptocurrency options exchange Deribit plans to enter the American market. According to the Financial Times, the company's CEO Luuk Strijers stated that Deribit is "actively exploring opportunities" in the U.S. following a regulatory climate change that is more favorable to cryptocurrencies. This move was made possible by President Donald Trump's promises to make the U.S. a global hub for digital assets.

Coinbase, the largest U.S.-based cryptocurrency exchange, is reportedly in advanced talks to acquire Deribit, the world’s leading platform for Bitcoin (BTC) and Ethereum (ETH) options trading. According to a Bloomberg report, the deal is valued between $4 billion and $5 billion, marking a potentially transformative step for Coinbase’s derivatives market ambitions.
Details of the Deal
Deribit, renowned for its dominance in BTC and ETH options trading, operates under a key license in Dubai. Coinbase’s acquisition would include the transfer of this license, signaling a strategic entry into the Middle Eastern crypto market, a region that has become a hub for blockchain innovation due to its favorable regulatory environment.
“The companies have notified regulators in Dubai about the discussions as Deribit holds a license there, which would be taken over by any acquirer,” Bloomberg cited anonymous sources.
This acquisition aligns with Coinbase’s vision to expand its international footprint. In a statement, Coinbase commented:
“We are constantly exploring opportunities around the world to build, buy, partner, and invest to accelerate our roadmap.”
Why Deribit?
Aside from its institutional customer base and status as the leading BTC and ETH options trading platform, Deribit’s operational license in Dubai makes it a strategic target. With the United Arab Emirates (UAE) emerging as a global blockchain hub alongside Hong Kong and Singapore, this move positions Coinbase to tap into rapidly growing markets outside of the regulatory pressures of the U.S. and EU.
Regions like the UAE have become attractive to blockchain businesses due to their supportive policies, offering a sharp contrast to the tightening restrictions in Western jurisdictions.
Competitive Landscape
Reports indicate that Deribit, which engaged a financial adviser earlier this year to explore acquisition opportunities, drew interest from multiple buyers. While Kraken was rumored to be in the running, Bloomberg confirmed that no formal discussions took place between the two firms.
As for Coinbase, this acquisition could help cement its leadership in the derivatives market, an area that has grown increasingly lucrative amid rising demand for crypto options trading.
What’s Next for Coinbase and Deribit?
While the acquisition talks are progressing, it remains uncertain if Coinbase and Deribit will reach a final agreement. If successful, this could represent one of the largest acquisition deals in the crypto industry, further enhancing Coinbase’s global standing.
For investors holding Coinbase stock (COIN), this development could prove significant, as the acquisition may boost revenue streams and market presence.
The post appeared first on CryptosNewss.com
#coinbase #Deribit $BTC

Deribit has announced the launch of Hashnote’s US Yield Coin (USYC) as a new yield-generating cross-collateral option. USYC, an ERC-20 token backed by reverse repurchase agreements for US Government Securities, offers traders a stable and flexible collateral option that generates daily returns.
Assets are secured in a segregated account at the Bank of New York Mellon, ensuring compliance with CFTC and CIMA regulations.

Deribit is the world's largest options exchange. Its every move touches the nerves of countless people.
In the past, there were only pie and aunt options, but no options for other currencies.
Now, it has actually launched three new option currencies at once.
Matic,Sol,Xrp

They are all mainstream currencies with large market capitalization. It can be seen that the market hedging demand for these three coins is already very large, so the exchanges will actively launch new coins.
So what is the need for hedging? There is a high probability that it is necessary to prevent a sharp decline and a retracement.
I dare not say that there will be a retracement in the near future. However, once options come online, the blood-sucking effect of hedging arbitrage will weaken the momentum of spot gains.

Two prominent crypto service providers, Bitgo Trust Company, Inc. and Copper, have announced a new partnership to create an off-exchange settlement model that will allow clients to trade on both the spot and derivatives markets at Deribit while their assets remain in off-exchange custody. The launch of the solution, which took place on February 20, marks an innovative development in the digital finance industry.
The new solution offered combines the ability to manage trades between Bitgo and Copper, allowing investors to trade on Deribit’s platform without having to move assets to other, more risky locations. Off-site settlement provides security and convenience, while preventing potential attacks from stealing assets during trading hours.
Deribit has been recognized as a leading derivatives trading platform, especially in the bitcoin and ethereum futures and options segments. This collaboration will allow Bitgo and Copper to offer products that meet the needs of professional investors who seek feasible risk management strategies. They will be able to fully utilize Bitgo’s expertise in digital asset management and Copper’s expertise in payments.
The off-site settlement model also helps to avoid customers having to deal with stricter payment regulations, especially during volatile times in the crypto market, which has been important for investors who have been trading more frequently in recent years. The company reports that this will lead to increased trading efficiency and reduced operating costs.
In addition, the new service offered by both companies also features real-time transaction recording, which allows investors to see the status of their assets immediately, without having to worry about errors that may occur when sending assets elsewhere. Supporting trading without moving assets opens the door for investors who want stability and control over their assets.
The launch of this solution comes in response to the rapid growth of the digital asset market, with more investors turning to this niche asset. The number of Deribit platform users continues to grow, demonstrating the high demand for timely and secure access to the service.
From the market perspective, the merger between Bitgo and Copper could be a good thing in terms of setting a new trading standard in the digital asset industry. Investors are likely to turn to this service to increase their chances of profiting from market movements.
This kind of development in the crypto industry is necessary as market players demand flexibility and security in their transactions. With the new models developed, it will help close the risk management gap and provide more confidence to investors who are hungry for advancement and interested in new technologies, ensuring that the future of the digital asset market will continue to expand with this fast-growing trend.

#Deribit