JammingA digital asset exchange platform recently announced that it had entered into an agreement to acquire Deribit, an exchange of crypto options, for around 2.9 billion dollars. This includes $ 700 million in cash and 11 million ordinary Coinbase A shares.
Coinbase allows users to buy, sell and exchange cryptocurrencies. It also offers a variety of financial services, in particular childcare solutions and staining for retail and institutional sales customers. The acquisition will create a complete platform for institutional and advanced traders to access a wide range of trading products, including the spot, term contracts, perpetuals and options.
The acquisition aims to improve Coinbase derived activities and to position it as a global platform for cryptographic derivatives, thanks to the vast presence and the Deribit customers. According to CoinbaseThe acquisition will also diversify the company’s sources of income and accelerate its international growth strategy.
