{"id":26109,"date":"2025-05-10T06:11:36","date_gmt":"2025-05-10T06:11:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26109"},"modified":"2025-05-10T06:11:36","modified_gmt":"2025-05-10T06:11:36","slug":"coinbase-makes-big-bet-on-derivatives-with-2-9b-deribit-deal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26109","title":{"rendered":"Coinbase Makes Big Bet on Derivatives With $2.9B Deribit Deal"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Coinbase is making a serious play in the crypto derivatives game. The U.S.-based exchange just announced it\u2019s buying Deribit, one of the top crypto options platforms in the world, in a $2.9 billion deal. That price tag includes $700 million in cash and 11 million Coinbase shares. <span class=\"_fadeIn_m1hgl_8\">The <\/span><span class=\"_fadeIn_m1hgl_8\">Coinbase <\/span><span class=\"_fadeIn_m1hgl_8\">Deribit <\/span><span class=\"_fadeIn_m1hgl_8\">acquisition <\/span><span class=\"_fadeIn_m1hgl_8\">reflects <\/span><span class=\"_fadeIn_m1hgl_8\">growing <\/span><span class=\"_fadeIn_m1hgl_8\">demand <\/span><span class=\"_fadeIn_m1hgl_8\">for <\/span><span class=\"_fadeIn_m1hgl_8\">advanced <\/span><span class=\"_fadeIn_m1hgl_8\">crypto <\/span><span class=\"_fadeIn_m1hgl_8\">trading <\/span><span class=\"_fadeIn_m1hgl_8\">tools<\/span><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This is easily one of the biggest crypto acquisitions of the <\/span><span data-preserver-spaces=\"true\">year, <\/span><span data-preserver-spaces=\"true\">and it signals that Coinbase is betting big on what might be the fastest-growing corner of the digital asset world.\u00a0<\/span><\/p>\n<h2>Why Deribit?<\/h2>\n<p><span data-preserver-spaces=\"true\">Deribit has been around since 2016 and is now based in Dubai. It\u2019s carved out a dominant position in crypto derivatives, especially when it comes to options on Bitcoin and Ethereum. In 2024 alone, Deribit processed over $1.2 trillion in trading volume. That\u2019s not small money, and it\u2019s why this acquisition caught so much attention.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Top 10 <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Fundraising?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Fundraising<\/a> Events in the Last Two Weeks (Apr 26 \u2013  May 9)         <\/p>\n<p>There have been 33 funding rounds in the past two weeks. As the crypto market cap increases, the primary market sentiment improves.<\/p>\n<p>1. <a href=\"https:\/\/twitter.com\/DeribitOfficial?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@DeribitOfficial<\/a>, acquired by <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@coinbase<\/a> <br \/>2. <a href=\"https:\/\/twitter.com\/DoppelHQ?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@DoppelHQ<\/a>,\u2026 <a href=\"https:\/\/t.co\/dLWQpjc5OT\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/dLWQpjc5OT<\/a><\/p>\n<p>\u2014 Bing Ventures (@BingVentures) <a href=\"https:\/\/twitter.com\/BingVentures\/status\/1920935288391823588?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">By scooping up Deribit, Coinbase gains an entire suite of tools to offer options and more complex trading features that go beyond just spot and futures markets. That could make the platform more attractive to both sophisticated traders and institutions looking for more flexibility.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9+ Best High-Risk, High-Reward Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h2>What\u2019s the Strategy Here?<\/h2>\n<p><span data-preserver-spaces=\"true\">The crypto market has matured a lot since the days when everyone just traded coins back and forth on spot markets. These days, derivatives, especially options, have become a major part of the ecosystem. They allow traders to hedge, speculate, or manage risk in ways that spot markets just can\u2019t.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_681ee4a89d253\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_681ee4a89d253-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_681ee4a89d253-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681ee4a89d253-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681ee4a89d253-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681ee4a89d253-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_681ee4a89d253-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_681ee4a89d253-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_681ee4a89d253-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_681ee4a89d253-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_681ee4a89d253-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_681ee4a89d253-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_681ee4a89d253-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><b>DISCOVER: <\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><b>Best New Cryptocurrencies to Invest in 2025<\/b><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Coinbase, which has traditionally relied heavily on spot trading fees, seems to be looking for ways to smooth out the ups and downs that come with market volatility. Derivatives trading is often stickier and brings in more consistent revenue, even when the overall market cools down.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In other words, this is Coinbase playing the long game.<\/span><\/p>\n<h2>Market Reaction Was\u2026 Mixed<\/h2>\n<p><span data-preserver-spaces=\"true\">News of the deal did give Coinbase\u2019s stock a small boost, but the celebration was short-lived. That\u2019s because the company also reported a 19 percent drop in transaction revenue this quarter, down to $1.3 billion. Trading volumes have slowed, and volatility hasn\u2019t helped.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the flip side, subscription and services revenue rose to $698 million, up 9 percent. So while spot trading is cooling off, other parts of the business are picking up the slack.<\/span><\/p>\n<h2>Still Waiting on Regulatory Green Lights<\/h2>\n<p><span data-preserver-spaces=\"true\">Of course, deals like this don\u2019t close overnight. The acquisition still needs regulatory approval and has to clear some standard legal hurdles. Deribit is regulated by Dubai\u2019s Virtual Assets Regulatory Authority (VARA), so Coinbase will have to navigate those requirements carefully if they want everything to go smoothly.<\/span><\/p>\n<h2>Coinbase Deribit Acquisition: Looking Forward<\/h2>\n<p><span data-preserver-spaces=\"true\">This is a big move from Coinbase, and it fits the larger trend of consolidation in crypto. With major players looking to offer full-service trading platforms, snapping up companies like Deribit just makes sense.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If all goes well, Coinbase could soon be the one-stop shop for retail traders, institutional investors, and everyone in <\/span><span data-preserver-spaces=\"true\">between,<\/span><span data-preserver-spaces=\"true\">\u00a0with derivatives playing a much bigger role in that vision.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Coinbase is acquiring crypto derivatives platform Deribit for $2.9 billion in cash and shares, marking one of the largest crypto deals of the year.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Deribit processes over $1.2 trillion in annual trading volume and specializes in Bitcoin and Ethereum options, giving Coinbase an edge in the booming derivatives market.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The move signals Coinbase\u2019s shift toward more stable revenue streams, as derivatives trading tends to bring in consistent income even during volatile market cycles.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Coinbase stock saw a brief boost from the news, though it was offset by a 19% decline in transaction revenue and slowed spot trading activity.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The deal still requires regulatory approval, especially from Dubai\u2019s Virtual Assets Regulatory Authority, before it can officially close.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/coinbase-makes-big-bet-on-derivatives-with-2-9b-deribit-deal\/\">Coinbase Makes Big Bet on Derivatives With $2.9B Deribit Deal<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase is making a serious play in the crypto derivatives game. The U.S.-based exchange just announced it\u2019s buying Deribit, one of the top crypto options platforms in the world, in a $2.9 billion deal. That price tag includes $700 million in cash and 11 million Coinbase shares. The Coinbase Deribit acquisition reflects growing demand for [&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-26109","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\/26109","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=26109"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26109\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}