SEPOY.net
No Result
View All Result
Saturday, May 17, 2025
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
No Result
View All Result
SEPOY.NET
No Result
View All Result
Home Crypto

Coinbase buys deribit for $ 2.9 billion and won in Crypto derivatives

Nicholas by Nicholas
May 9, 2025
in Crypto
0
Coinbase buys deribit for $ 2.9 billion and won in Crypto derivatives

Coinbase strikes hard by announcing the acquisition of Deribit, leader of the options on cryptocurrencies. With this historic operation, the most important ever carried out in the sector, the American Exchange intends to win on a booming derivative market.

READ ALSO

Darknet market and fraud shop BTC revenues decline amid years-long international law enforcement disruption

Kidnappings and ransoms in crypto: what are the measures announced by the Ministry of the Interior?

https://cryptoast.fr/feed/

https://cryptoast.fr/coinbase-rachete-dribit-29-milliards-dollars-simpose-drives-crypto/

A record acquisition for Coinbase

Coinbase, American cryptocurrency giant created and led by Brian Armstrongannounced on May 8, 2025 the redemption of Deribit for the impressive amount of $ 2.9 billion (almost 2.6 billion euros). This transaction was partially set to cash ($ 700 million) and for the rest via 11 million ordinary class A Coinbase shares, According to a press release from the company. It marks the largest acquisition ever recorded in the cryptoactive industry.

Founded in the Netherlands by the Brothers John and Marius Jansen, Deribit is now based in Dubai. She imposed herself as the world leader in cryptocurrency optionswith $ 1,185 billion in volume treated in 2024, including $ 743 billion on options alone.

With growth of almost 100 % in a year, it alone proves The explosion of the Crypto derivative marketincreasingly prized by institutional investors.

๐Ÿช™ Discover our opinion on Coinbase, the Crypto Exchange renowned in the world

This takeover Coinbase catapult in 9แต‰ world place of exchange platformsahead of Kucoin, with a combined market share of 2 % (1.4 % for Coinbase and 0.6 % for Deribit). Greg TUSAR, responsible for institutional products at Coinbase, is strongly delighted with this acquisition:

Icon blockquote

We are convinced that the crypto options are dawn of a major expansion, comparable to the development of action options in the 1990s.

The transaction must still receive the downstream of the regulatory authorities and should therefore be officially concluded by the end of 2025.

Coinbase: Register on the most famous Crypto exchange in the world

An ambition of international expansion

The platform does not intend to stop on such a good path: the future of Coinbase is now full of projects. She simply targets global expansion. And Deribit will help her there: she recently obtained a complete license from the Virtual Assets Regulatory Authority (Vara) in Dubai. What offer Coinbase a regulated platform outside the United States.

Exchange can now offer, in addition to its classic trading offer, a full range of derivative products – options, term contracts and perpetual contracts – to clientele around the world.

๐Ÿ—ž๏ธ Instant payments via the Internet: Coinbase reveals a revolutionary novelty

The stake is also commercial for Coinbase: by widening its customer base and its offer, the platform will be able to face Binance and OKX more directly, Current giants of Crypto derivatives. While the drop in ever lower costs rages in the crypto universe as on the stock market, high margin products like derivatives become a strategic target.

This acquisition is a timely, at the time when Bitcoin crosses 100,000 dollars again. With a record deal for any type of activity on cryptos, optimism is back on the sector, which was still marked by the scandals of recent years (FTX, hacks, etc.).

Source: Coinbase

The crypto newsletter n ยฐ 1 ๐Ÿž

Receive a summary of crypto news every day by email ๐Ÿ‘Œ

Certain links present in this article may be affiliated. This means that if you buy a product or register on a site from this article, our partner gives us a commission.

Investments in cryptocurrencies are risky. There is no guaranteed high yield, a product with high performance potential implies a high risk. This risk taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital

Author Profile Picture

After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.

Justine Ferrari

88 articles

Related Posts

Darknet market and fraud shop BTC revenues decline amid years-long international law enforcement disruption
Crypto

Darknet market and fraud shop BTC revenues decline amid years-long international law enforcement disruption

May 16, 2025
Kidnappings and ransoms in crypto: what are the measures announced by the Ministry of the Interior?
Crypto

Kidnappings and ransoms in crypto: what are the measures announced by the Ministry of the Interior?

May 16, 2025
What is Walrus (Wal)? Discover this decentralized storage protocol built on suis
Crypto

What is Walrus (Wal)? Discover this decentralized storage protocol built on suis

May 16, 2025
Should we buy ether now? Prof.'s on-chain analysis in video
Crypto

Should we buy ether now? Prof.'s on-chain analysis in video

May 16, 2025
Blackrock is embarking on the Defi with his tokenized fund Buidl
Crypto

Blackrock is embarking on the Defi with his tokenized fund Buidl

May 16, 2025
Bitcoin loses ground in the face of altcoins: the return of an altseason?
Crypto

Bitcoin loses ground in the face of altcoins: the return of an altseason?

May 15, 2025
Next Post
Pedersen wins in Tirana: Serious fall overshadow Giro start

Pedersen wins in Tirana: Serious fall overshadow Giro start

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About

Sepoy.net is a perfect place for people who want daily updates on news related to business, technology, entertainment, health, cryptocurrency etc.

Contact: hello@sepoy.net

Major Categories

News

Business

Tech

Economy

 

Recent Posts

  • The USA and the Popes.: No money for a message to the Vatican
  • Philosopher argues: AI has a free will.
  • Genomic study of non-Hispanic Black veterans with prostate cancer yields key insights for precision medicine

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • DMCA
  • Home
  • Privacy Policy

ยฉ 2023 Sepoy.net

No Result
View All Result
  • Home
  • Business
  • News
  • Health
  • Tech
  • Science
  • Lifestyle
  • Travel

ยฉ 2023 Sepoy.net