Coinbase’s $2.9 Billion Deribit Purchase Sparks Interest In Future Acquisitions, Says CEO

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Bitcoinist 22h ago

Coinbase’s $2.9 Billion Deribit Purchase Sparks Interest In Future Acquisitions, Says CEO - Bitcoinist

Quick Summary:

Coinbase, the largest US-based crypto exchange, is set to join the S&P 500 index on May 19, replacing Discover Financial Services amid its merger with Capital One.

Brian Armstrong has made key statements ahead of this development, hinting at plans for further acquisitions.

This acquisition is the largest in the industry to date and is expected to close by the end of the year, further solidifying Coinbase’s international reach.