Coinbase, the biggest crypto exchange in the US by trading volume, on May 8 announced the $2.9 billion acquisition of Deribit, one of the world’s largest crypto derivatives platforms.
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Gemini to launch crypto derivatives in Europe with new license
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Coinbase acquired Deribit for $2.9 billion on May 8, 2025, to strengthen its foothold in crypto derivatives, while Kraken confirmed a $1.5 billion deal to purchase NinjaTrader to expand its futures trading services
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