Coinbase to buy Deribit in $2.9 billion deal, expanding crypto options market
Shares of Coinbase, which have lost nearly 21% of their value in 2025, jumped 5.7%. The deal consists of $700 million in cash and 11 million shares of Coinbase's Class A common stock, the company said in a blog post.
source https://www.livemint.com/market/cryptocurrency/coinbase-to-buy-deribit-in-2-9-billion-deal-expanding-crypto-options-market-11746727134596.html
source https://www.livemint.com/market/cryptocurrency/coinbase-to-buy-deribit-in-2-9-billion-deal-expanding-crypto-options-market-11746727134596.html
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