{"id":25809,"date":"2025-05-08T14:16:49","date_gmt":"2025-05-08T14:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25809"},"modified":"2025-05-08T14:16:49","modified_gmt":"2025-05-08T14:16:49","slug":"coinbase-acquires-deribit-in-2-9b-deal-to-expand-crypto-derivatives-business","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25809","title":{"rendered":"Coinbase Acquires Deribit In $2.9B Deal To Expand Crypto Derivatives Business"},"content":{"rendered":"<div>\n<p><strong>Coinbase Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) is acquiring crypto options exchange <strong>Deribit <\/strong>for approximately $2.9 billion in a cash-and-stock deal, marking the company&#8217;s most significant push yet into the <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/05\/45286716\/coinbase-stock-is-getting-a-boost-ahead-of-q1-earnings-whats-going-on\">global crypto derivatives market<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/www.coinbase.com\/en-gb\/blog\/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platform\">acquisition<\/a>, which includes $700 million in cash and 11 million shares of Coinbase Class A stock, is expected to close by the end of the year, pending regulatory approval and customary closing conditions.<\/p>\n<p>Once finalized, it will make Coinbase the largest crypto derivatives platform by open interest and options volume.<\/p>\n<p>Deribit currently processes over $1 trillion in annual trading volume across non-U.S. markets and has $30 billion in open &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45287050\/coinbase-acquires-deribit-in-2-9b-deal-to-expand-crypto-derivatives-business\" alt=\"Coinbase\" acquires deribit in deal to expand crypto derivatives business>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Inc. (NASDAQ:COIN) is acquiring crypto options exchange Deribit for approximately $2.9 billion in a cash-and-stock deal, marking the company&#8217;s most significant push yet into the global crypto derivatives market. What Happened: The acquisition, which includes $700 million in cash and 11 million shares of Coinbase Class A stock, is expected to close by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25809","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25809"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25809\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}