Coinbase is in advanced discussions to acquire top Bitcoin options exchange Deribit, potentially valuing the platform at $4–$5 billion.Key TakeawaysKey Takeaways
- Coinbase is in advanced talks to acquire Bitcoin options giant Deribit.
- Deribit's trading volume in 2023 reached approximately $1.2 trillion.
- The deal could be valued between $4 billion and $5 billion.
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Major exchanges are making moves to bring degen trading to USA.
Deribit's the biggest options player, so it seems they wanna build a real monster, one that'll have crazy power over Bitcoin's price. I'm kinda iffy about that for Bitcoin.
For price discovery but shouldn’t impact p2p payments