๐จ Breaking News: Coinbase to Acquire Deribit for $2.9B
๐ข Coinbase has struck a $2.9B deal to acquire Deribit, the worldโs largest crypto options exchange.
๐ This bold move positions Coinbase to expand deep into the crypto derivatives market, unlocking new growth and product opportunities.
๐ฆ๐ช The deal still faces regulatory approval, including Deribitโs Dubai operating license, but marks a major step in Coinbaseโs global ambitions.
๐น Will this reshape the crypto derivatives landscape?
๐น How will regulators respond?