Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit: WSJ
2025-05-08 13:54:24 UTC
The world's biggest crypto exchange will buy the world's leading options exchange.
Coinbase, America's largest crypto exchange, on Thursday announced that it has agreed to buy digital assets options exchange Deribit.
The San Francisco, California-based company told The Wall Street Journal on Thursday that the transaction was valued at $2.9 billion. The $2.9 billion deal price consists of $700 million in cash and 11 million shares of Coinbase Class A common stock, the companies said.
This is a breaking news story.
Edited by Stacy Elliott.
Source: decrypt.co
Related News
- Move-to-Earn Game 'Sweat' Reveals AI Agent Amid Multi-Chain Expansion
- OpenAI Hires Former Meta and Instacart Exec in Leadership Reshuffle
- Bitcoin Price Hits $100,000 for First Time Since February
- G7 to Discuss Crypto Hacks, Tackle North Korean Issue: Report
- Bitcoin Hits Highest Level in Months as Market Eyes $100K Milestone
- Arizona Passes Unclaimed Crypto Law After Vetoing Reserve Last Week
- OCC Says Banks Can Handle Crypto for Customers—And Outsource It Too
- Stripe Unveils Stablecoin Payment Accounts, AI Features During Annual User Event
- Coinbase Breathes New Life Into Long-Forgotten Web Payment Code
- DeFi Development Corp to Split Stock 7-for-1 After Crypto-Fueled Rally
© 2025 DeFi.io