Coinbase acquires Deribit: breakthrough in crypto trading
Coinbase makes a historic move by acquiring Deribit, the global leader in crypto derivatives, for $2.9 billion.

Get the latest news, learn from experts, discover new tools, and find inspiration right in your inbox.
No spam. Unsubscribe anytime.
From MIT to MicroStrategy CEO—why he moved corporate cash into Bitcoin and shifted Wall Street.
In the midst of the global cryptocurrency revolution, Coinbase has concluded a historic deal: the platform has acquired Deribit, the world's leading crypto derivatives trader. This event is already considered one of the most significant strategic alliances in the history of the industry. The merger is expected to change the balance of power in the global market for digital assets, strengthening Coinbase's position in the derivatives segment.
A new impetus for the derivatives market
Cryptocurrency derivatives are a key element of the modern financial ecosystem. They offer traders flexible tools for hedging and speculation, with daily volumes measured in trillions of dollars. Deribit's entry into Coinbase opens up the prospect of a significant increase in liquidity and greater transparency in trading. In addition, it will create the conditions for the introduction of stricter security and regulatory standards in the industry.
The deal is worth around USD 2.9 billion, of which around USD 700 million is paid in cash and the rest in Coinbase shares. In doing so, the platform gained full control of Deribit, integrating spot trading, perpetual contracts, futures and options into a single space. This move strengthens Coinbase's competitiveness against global giants active in related segments.
Deribit is known for its high open interest - around $60 billion - and an annual trading volume of more than $1 trillion. The integration of this platform into the Coinbase ecosystem significantly strengthens the company's position in the institutional market. For professional investors, this means access to deeper liquidity, an expanded product offering and higher standards of trade execution.
A gradual integration of services is planned. Users of both platforms will have access to a single interface that will feature all major types of trading instruments. This approach will maintain the functionality already known, while adding new features and improving the user experience. The transition period is expected to last several months, as it will be necessary to harmonise technologies and processes.
Experts point out that the acquisition of Deribit is a strategic move that can significantly increase Coinbase's capitalisation and attract new categories of customers. The deal can strengthen the company's position in the face of fierce competition and increasingly stringent regulations. At the same time, some analysts warn of the possible risks of monopolisation and the need to develop clear rules for interaction with regulators.
The beginning of a new era in crypto trading
The purchase of Deribit is not only an expansion of the offering, but a fundamental step towards the creation of a one-stop centre for digital asset trading. Spot transactions, futures, perpetual contracts and options will be available on a single platform, allowing traders to implement complex strategies in one environment. Despite the integration challenges ahead, it is already clear that this agreement marks a new chapter in the development of the global cryptocurrency market.
Read Next
Arthur Hayes Pushes Zcash Towards 'Shield': Halving and Regulatory Risks in Focus
Arthur Hayes, former CEO of BitMEX, urged Zcash (ZEC) holders to withdraw their coins from exchanges and move them to shielded addresses, revealing that ZEC is now his second largest position.
The First Spot ETF on XRP in the US Is imminent, but the Price Falls Early
The price of XRP falls 7 per cent on the eve of the launch of the first US spot ETF managed by Canary Capital, as traders weigh hype, deleveraging and the risk of the classic 'sell the news'.
From Stablecoin to Sovereign Wealth Fund: Tether's Gold Turn Abandoning the Dollar
Tether moves like a sovereign wealth fund: it hires traders from HSBC and accumulates billions in physical gold. The strategy, which mirrors the behaviour of central banks, marks a break from dependence on the US dollar.
Trump-linked tokens fly: Is there a Secret Behind the Sudden Rally?
Trump-related tokens register a massive and inexplicable rally (MELANIA +54%), despite the crypto market's cautious recovery. Insider hoarding is speculated.