#AltcoinSeasonLoading 💰 Coinbase acquires Deribit for $2.9 billion — the largest deal of the year in the crypto exchange sector

The cryptocurrency exchange Coinbase is officially preparing to acquire Deribit — a leading platform for trading cryptocurrency options, for $2.9 billion.

📌 What is known:

✅ Deribit is the largest player in the crypto options segment, especially for BTC and ETH

✅ The deal will strengthen Coinbase's position in the derivatives market, where it previously lagged significantly behind Binance and OKX

✅ This will also give Coinbase access to professional traders and institutions focused on risk hedging

🔍 Why this is important:

✅ Deribit controls up to 90% of the crypto options market

✅ Coinbase is becoming a full-fledged player in derivatives, ready to compete even with CEX giants

✅ This strengthens the institutional vector and readiness for ETF-oriented infrastructure

Coinbase is making a strategic bet on the growth of the derivatives sector — and is ready to pay for leadership. This is another step towards creating a “crypto Wall Street” based on American jurisdiction.