Bitcoin Magazine Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry’s history. Coinbase will acquire Panama-based Deribit, which currently handles a massive volume of global Bitcoin and crypto options trading volume. Subject to regulatory approvals, the acquisition is expected to close in the second half of 2025. Under the terms of the agreement, Coinbase will pay $700 million in cash and 11 million shares of Coinbase’s Class A common stock, the company said in a blog post. JUST IN: Coinbase to buy #Bitcoin and crypto options platform Deribit in $2.9 billion deal. pic.twitter.com/YjCEKvgzfh— Bitcoin Magazine (@BitcoinMagazine) May 8, 2025 Deribit CEO Luuk Strijers said, “We’re excited to join forces with Coinbase to power a new era in global crypto derivatives.” “As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options — all under one trusted brand.” The acquisition comes as institutional investors increasingly seek exposure to crypto derivatives. Deribit reported its total trading volumes in 2024 almost doubled to $1.2 trillion. The deal is expected to help Coinbase compete more effectively with offshore exchanges like Binance and OKX, which currently dominate crypto derivatives trading. Deribit’s regulatory licenses in multiple jurisdictions will also support Coinbase’s international expansion plans. Following the acquisition, Deribit will maintain its current operations and brand while leveraging Coinbase’s technology infrastructure and regulatory framework. At press time, Bitcoin trades at $99,488, up 2.62% over the past 24 hours, as the market reacts positively to increased institutional participation in crypto derivatives trading. This post Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B first appeared on Bitcoin Magazine and is written by Vivek Sen. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Coinbase is set to purchase the Bitcoin and cryptocurrency options platform, Deribit, for $2.9 billion.
