PANews August 14 news, according to The Block report, Coinbase has completed a $2.9 billion cash and stock acquisition of the cryptocurrency derivatives exchange Deribit. After the merger, Coinbase ranks first in the global cryptocurrency derivatives market in terms of open contracts and options trading volume. Deribit's trading volume in 2024 reached $1.185 trillion, a year-on-year increase of 95%. Founders John Jansen and Marius Jansen have left the company.