Exclusive | Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform
Coinbase Global COIN -3.48%decrease; red down pointing triangle has agreed to acquire Deribit, the world’s biggest trading platform for bitcoin and ether options, for roughly $2.9 billion, executives told The Wall Street Journal.
A new era
The transaction adds to an uptick in crypto dealmaking, with President Trump and administration officials promising to make America a “bitcoin superpower” and usher in a golden age for crypto.
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