Coinbase to Acquire Deribit for $2.9 Billion, Establishing Global Derivatives Market Leadership
Coinbase entered into an agreement on May 8, 2025, to acquire Deribit, the world's leading crypto options exchange, for $2.9 billion, consisting of $700 million in cash and 11 million shares of Coinbase Class A common stock. The transaction significantly advances Coinbase's derivatives business, establishing
