Coinbase Acquires Deribit to Become Global Derivatives Leader
Coinbase has announced its acquisition of Deribit, a major move that positions the company as the #1 global platform for crypto derivatives by open interest and options volume.
Key details:
- Deribit brings ~$30B in open interest and over $1T in trading volume
- Integration will offer spot, futures, perpetuals, and options trading
- Strengthens Coinbase's international presence in crypto derivatives
The merger combines Coinbase's regulated operations with Deribit's options expertise, creating a comprehensive trading platform for global markets.
[Read the full announcement](https://www.coinbase.com/blog/deribit-joins-coinbase-unlocking-the-future-of-global-crypto-derivatives)