Golden Finance reported that Coinbase Global Inc. CEO Brian Armstrong stated on Bloomberg Television on Wednesday that the company is still looking at 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's balance sheet is strong and as a publicly traded company, it has liquidity available for mergers and acquisitions, but will choose cautiously, seeking the right timing to act. Armstrong specifically mentioned that the company is particularly focused on international markets, targeting businesses that align with its vision and can drive the development and growth of Coinbase's products. When asked if Coinbase would consider acquiring the stablecoin issuer Circle (Coinbase has previously reached a revenue-sharing agreement with Circle), he responded, 'There is no relevant news to announce today.'
