Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit: WSJ
By: decrypt|2025/05/08 22:15:02
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Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit: WSJ The world's biggest crypto exchange will buy the world's leading options exchange. Decrypt’s Art, Fashion, and Entertainment Hub. 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 didn't mention the value of the deal in a company blog post . But executives 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 . Daily Debrief Newsletter
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