Golden Finance reported that Coinbase Global Inc. CEO Brian Armstrong stated on Bloomberg TV on Wednesday that the company continues to look for merger and 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 has a strong balance sheet and has liquidity available for acquisitions as a public company, but it will be cautious in its choices, seeking the right timing to act. Armstrong specifically mentioned that the company is particularly focused on international markets, targeting businesses that align with its philosophy and can drive the development and growth of Coinbase's products. When asked if Coinbase would consider acquiring the stablecoin issuer Circle (with which Coinbase has previously reached a revenue-sharing agreement), he responded, "There is no relevant news to announce today."
