PANews May 15 news, according to Bloomberg, Coinbase Global Inc. CEO Brian Armstrong stated on Bloomberg Television on Wednesday that the company is still looking for acquisition opportunities after reaching an agreement to acquire the derivatives exchange Deribit for $2.9 billion earlier this month. He pointed out that the company's strong balance sheet provides liquidity for acquisitions as a public company, but they will proceed cautiously and look for the right timing to act. Armstrong specifically mentioned that the company is particularly focused on international markets, aiming for those businesses that align with their vision and can drive the development and growth of Coinbase products. When asked if Coinbase would consider acquiring the stablecoin issuer Circle (Coinbase had previously reached a revenue-sharing agreement with Circle), he responded, "No relevant news to announce today."
