🌀 Coinbase is acquiring Deribit for $2.9 billion!

Deribit is a leading options exchange for BTC and ETH with a trading volume of over $1.2 trillion per year. The deal includes $700 million in cash and 11 million shares of Coinbase.

This is a significant step into the world of crypto derivatives and strengthening Coinbase's global influence. 🤔

$BTC