Coinbase in $5B talks to acquire Deribit, World’s largest BTC and ETH Options trading platform

Source Fxstreet
  • Coinbase is in advanced talks to acquire Deribit, the largest Bitcoin and Ethereum options platform, with Dubai regulators involved in negotiations
  • According to Bloomberg, the deal could be valued between $4 billion and $5 billion.
  • Coinbase eyes Middle East expansion as crypto-friendly regulations in the region attract rising sovereign and institutional interest.

Coinbase eyes global expansion with Deribit acquisition

Coinbase is in advanced negotiations to acquire Deribit, the world’s largest platform for Bitcoin and Ethereum Options trading, according to a Bloomberg report.

The deal, which could significantly expand Coinbase’s derivatives footprint, remains under discussion with regulators in Dubai, where Deribit holds a key operational license.
Bloomberg, citing anonymous sources, reported that “the companies have notified regulators in Dubai about the discussions as Deribit holds a license there, which would be taken over by any acquirer.”

The potential acquisition could mark a strategic move for Coinbase, already the largest U.S.-based crypto exchange, as it seeks to strengthen its position in the global derivatives market.

Coinbase remains silent as speculation swirls

According to Bloomberg reports, Deribit engaged a financial adviser in January to explore potential acquisition opportunities after drawing interest from multiple buyers.

While Kraken had been rumored to be a contender, a person familiar with the matter stated that no discussions took place between the two firms.

Coinbase declined to confirm any ongoing deal discussions, stating:

“We have a bold mission to increase economic freedom in the world, and are constantly exploring opportunities around the world to build, buy, partner and invest to accelerate our roadmap.”

While Bloomberg’s latest report suggests negotiations are progressing, it remains unclear whether Coinbase and Deribit have reached a final agreement. The options trading platform was previously reported to be valued between $4 billion and $5 billion, making this one of the most significant acquisition talks in the crypto industry to date.

Why is Coinbase acquiring Deribit Crypto Exchange?

Asides from a solid instuitonal customer base as the largest options trading plaform for BTC and ETH,  Deribit also holds an active license to operate in Dubai. Against this backdrop, Coinbase’s decision to pursue this acquisition deal appears to be a strategic move to expand into the Middle Eastern market. 

Partly due to the initial hard stance taken by the US and EU on cryptocurrency regulations in recent years, countries like the United Arab Emirates, Hong Kong and Singapore have become the three unofficial global headquarters for the blockchain events and resident stakeholders. 

Amid increasing regulatory pressure from the U.S. and EU, regions such as the United Arab Emirates, Hong Kong, and Singapore have emerged as key global hubs for blockchain and cryptocurrency businesses.

What to expect next?

Investors holding the Coinbase stock COIN stand to benefit from the Deribit acquisition deal.

As the Trump administration softens its regulatory stance on crypto regulation in the U.S, it could sway multinational corporations and other sovereign governments to adopt blockchain-based investments and services.

Coinbase (COIN) stock price performance after Bloomberg announce Deribit deal | March 21,  2025

Coinbase (COIN) stock price performance after Bloomberg announce Deribit deal | March 21,  2025

Following the announcement COIN price crossed the $190, trading to reach $47.5 billion market capitalization, bringing its gains for the week to 4.4%.     

If finalized, Coinbase’s acquisition of Deribit could enhance its global footprint, broaden its derivatives trading offerings, and position the exchange to benefit from increasing institutional and sovereign adoption of cryptocurrencies—particularly in the Middle East and Asia.
 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, 2024
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction for XRP. According to the analyst, technical analysis of the XRP price on the
Author  NewsBTC
Dec 30, 2024
Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction for XRP. According to the analyst, technical analysis of the XRP price on the
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Gold Price Forecast: XAU/USD attracts some sellers below $3,250 on firmer US DollarThe Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
Author  FXStreet
May 01, Thu
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
goTop
quote