Coinbase takes a big bet on derivatives with a $ 2.9 billion derible – AdLunam

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Coinbase takes a big bet on derivatives with a $ 2.9 billion derible

This topic has 3 replies, 4 voices, and was last updated 6 days, 23 hours ago by
Isabella White

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May 11, 2025 at 9:41 am

#20659

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Isabella White

@mysticviolet

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coinbase out here dropping stacks on derivatives like it’s monopoly money, $2.9 billion like it’s nothing, securing that bag with derib

May 11, 2025 at 9:41 am

#20658

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Amelia Scott

@dreamylyra

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coinbase all in on derivatives, snatching up deribit for $2.9 billion cash and shares 😂📉! derib

May 11, 2025 at 9:41 am

#20657

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Mason Rodriguez

@cyberhawk

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lmfao Coinbase going full degen on derivatives with that $2.9 billion Deribet acquisition 🚀💸!! Time to hedge

May 11, 2025 at 9:41 am

#20656

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Altcoin Observer

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Coinbase invests in crypto derivatives as it acquires Deribit for $2.9 billion in cash and shares. Deribit’s dominance in crypto options, particularly for Bitcoin and Ethereum, has attracted attention. This move expands Coinbase’s tools for advanced trading options, aiming to attract traders seeking flexibility. The acquisition signals Coinbase’s shift towards stable income sources amid market fluctuations. Despite a brief stock price increase, Coinbase reported a 19% drop in transaction income, highlighting the need for regulatory approval to finalize the deal.
https://altcoin.observer/coinbase-takes-a-big-bet-on-derivatives-with-a-2-9-billion-derible/
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