The CEO hints at a massive acquisition storm on the horizon

Recently, the crypto giant completed a significant deal—acquiring Deribit, the world's largest Bitcoin and Ethereum options platform, for $2.9 billion. This move marks its ambition to fully enter the derivatives market.

In a recent interview, the CEO revealed that the company will continue to target international markets and similar business objectives, actively seeking more merger and acquisition opportunities. With strong financial strength, the capital operation space is extremely broad. He emphasized that the acquisitions will adopt a selective strategy to ensure that each investment promotes business diversification and growth.

Although asked about the possibility of acquiring stablecoin issuer Circle, he remained silent, stating that there is currently no new information. According to reports, Ripple had attempted to acquire Circle at a low price but was declined, as the latter is planning to go public, leaving the situation unclear.

The $2.9 billion transaction consists of $700 million in cash plus millions of shares, showcasing the strategic depth of the acquisition. Deribit had a trading volume of up to $1.2 trillion in 2022, becoming a key piece in the company's expansion into the derivatives space.

With the continued intensification of merger and acquisition activities, the company will officially join the S&P 500 index next week, highlighting its market position and development potential. In the future, the giants' acquisition battles may spark a new round of industry reshuffling, as the global crypto landscape is quietly changing.