Options platform Deribit attracts potential buyers amid crypto M&A boom
Options trading platform Deribit has reportedly drawn interest from potential buyers and is working with FT Partners to explore strategic opportunities, Bloomberg News reported on Jan. 14, citing sources familiar with the matter.
The platform has seen a meteoric rise in trading activity, with its total trading volume nearly doubling to $1.2 trillion in 2024. As of this year, Deribit services institutional clients directly through its Dubai-based entity, Deribit FZE, while a Panamanian subsidiary manages retail clients.
The sources said that FT Partners, initially retained in early 2023 to arrange secondary stock sales for Deribit’s investors, has expanded its role to include assessing potential bids for the entire firm.
While…
