The post Coinbase Acquires Deribit, Boosting Crypto Derivatives Power appeared first on Coinpedia Fintech News
Coinbase has completed its acquisition of Deribit, a top crypto options trading platform with approximately $59 billion in open interest and a record $185 billion in monthly trading volume in July. Deribit recorded over $1 trillion in trading volume last year, making it a dominant player in the crypto derivatives market. This acquisition enables Coinbase to offer comprehensive trading across spot, futures, perpetual contracts, and options, strengthening its position as a global leader in crypto derivatives.
