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Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg

CoinDesk LogoCoinDesk2d ago

Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg - CoinDesk

Quick Summary:

Consummation of an acquisition would greatly advance Coinbase's push into the crypto derivatives market.

According to the story, the companies have notified Dubai regulators (where Deribit is licensed) about the discussions.

Bloomberg earlier this year — alongside rumors that Kraken was discussing an acquisition — reported Deribit could be valued in the area of $4 billion to $5 billion.

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Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Stephen Alpher

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 17:56:25 (2 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 112 words

Reading Time: 1 minutes read

Sentences: 21 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27224543

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Year Established: 2013

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg" has 112 words across 21 sentences, which will take approximately 1 minutes for the average person to read.

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The story "Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg" was covered 2 days ago by CoinDesk, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 0 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #27224543
  • URL: https://chronographically.beamstart.com/news/coinbase-could-be-near-multi-17425805131450

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