Coinbase marked its sixth acquisition of 2025 by acquiring Opyn’s leadership team, following earlier deals involving Roam, Spindl, Iron Fish, Deribit and Liquifi, reflecting an accelerated pace of strategic expansion

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That's very nearly an acquisition a month at this rate, and I wouldn’t be surprised if they keep the pace up.

As I said above, it’s been a busy year for Coinbase so far. The company acquired browser product Roam and onchain attribution platform Spindl in January, the team behind Iron Fish back in March, Deribit in May, and most recently, Liquifi.