Deribit
Search documents
X @Cointelegraph
Cointelegraph· 2025-08-15 07:00
🚨UPDATE: Coinbase has completed the acquisition of Deribit, the world's largest crypto options trading platform by volume for $2.9B. https://t.co/IPyPUEyUk1 ...
X @BSCN
BSCN· 2025-08-14 23:30
Acquisition & Strategy - Coinbase finalizes acquisition of Deribit, aiming to become the most comprehensive global crypto derivatives platform [1] - The acquisition enables Coinbase to offer a complete range of trading products: spot, futures, perpetuals, and options on one platform [2] - Coinbase aims to strengthen its position against global competition in the derivatives market by integrating Deribit's infrastructure and user base [4] - The acquisition boosts Coinbase's ability to scale globally, offering deeper liquidity and broader participation in international markets [2] - Coinbase sees this as an opportunity to lead the next wave of innovation in the derivatives space [3] Deribit's Performance - Deribit experienced a record-breaking month in July 2025, with trading volumes surpassing $185 billion and approximately $60 billion in open interest [1][2] - Deribit generated more than $30 million in transaction revenue in July 2025 [3] Financial Impact - Deribit is expected to add approximately $10 million to Coinbase's technology, development, and administrative costs in Q3 2025, excluding deal-related amortization [4] - Coinbase anticipates that Deribit will be Adjusted EBITDA accretive immediately after the deal closes [4] - Coinbase's Q3 2025 results will include Deribit's contribution from August 14 to September 30, indicating a significant revenue opportunity [3]
X @Bankless
Bankless· 2025-08-14 21:19
Coinbase Seals Deribit Deal, Largest Crypto Acquisition IN HISTORYhttps://t.co/6i4UloOux0 ...
X @BSCN
BSCN· 2025-08-14 15:26
Market Expansion & Product Offering - Coinbase finalizes acquisition of Deribit, aiming to become the most comprehensive global crypto derivatives platform [1] - The acquisition enables Coinbase to offer a complete range of trading products, including spot, futures, perpetuals, and options, on a unified platform [2] - Coinbase enhances its ability to scale globally, offering deeper liquidity and broader participation in international markets [2] Financial Performance & Revenue Opportunity - Deribit's trading volumes surpassed $185 billion in July 2025, with approximately $60 billion in current open interest [1][2] - Deribit generated over $30 million in transaction revenue in July 2025 alone [3] - Coinbase anticipates Deribit will be Adjusted EBITDA accretive immediately after the deal closes [4] Operational & Strategic Implications - Deribit is expected to add approximately $10 million to Coinbase's technology, development, and administrative costs in Q3 2025 [4] - Coinbase aims to lead the next wave of innovation in the derivatives space through this acquisition [3] - Coinbase aims to strengthen its position against growing global competition in the derivatives market by integrating Deribit's infrastructure and user base [4]
X @Wu Blockchain
Wu Blockchain· 2025-08-14 13:32
Coinbase announced that it has completed the acquisition of crypto options trading platform Deribit. Deribit currently has approximately $59 billion in open interest, recorded over $1 trillion in trading volume last year, and achieved a record-high monthly trading volume of $185 billion in July. This acquisition will enable Coinbase to achieve full coverage across spot, futures, perpetual contracts, and options. https://t.co/GFWHGB5hLV ...
X @Coinbase 🛡️
Coinbase 🛡️· 2025-08-14 13:10
The biggest logo x logo partnership in crypto just became official.We closed the deal with @DeribitOfficial. Now we’re building the most powerful global crypto platform, together. https://t.co/a7fCmx3E6T ...