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Coinbase's $2.9B Deribit Deal a 'Legitimate Threat' for Peers, Wall Street Analysts Say
Coinbase's (COIN) $2.9 billion acquisition of Deribit will be a tipping point for the company, pushing the U.S.-based exchange into direct competition with global heavyweights like Binance, Wall Street analysts wrote on Thursday.
Coinbase Global Inc. said it is acquiring Deribit, the world’s largest exchange for Bitcoin and Ether options, for $2.9 ...
Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” its ...
Coinbase acquires Deribit for $2.9 billion, expanding its crypto derivatives market presence with $700 million in cash and ...
Coinbase Global (NASDAQ:COIN) was trading higher after Compass Point upgraded the stock on the "growing potential of a mini ...
Global will purchase Dubai-based Deribit, the world’s largest trading platform for Bitcoin and Ether options, for ...
CEO Brian Armstrong added that Deribit’s acquisition is his company’s “biggest move yet” to expand internationally.
Coinbase posted a Q1 EPS miss, but with Bitcoin strength, rising service revenue, and valuation tailwinds, upside remains.
Coinbase CEO Brian Armstrong said his firm has considered a Bitcoin investment strategy similar to Michael Saylor’s on ...
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