Crypto Options Exchange Deribit Fields Acquisition Interest
Deribit, the dominant platform for Bitcoin and Ether options trading, is evaluating a potential sale, Bloomberg reported on Wednesday, citing sources familiar with the matter.
The company has reportedly engaged Financial Technology Partners LLC (FT Partners) to advise on this process. While FT Partners was initially brought on in early 2023 to assist with secondary stock sales for existing Deribit investors, their mandate has now expanded to include a broader strategic review, encompassing the assessment of potential bids for the entire firm.
This exploration comes as the cryptocurrency market experiences a resurgence, sparking renewed interest in mergers and acquisitions. This uptick in M&A activity is a notable shift from the…
