Coinbase Global Inc. has finalized its acquisition of Deribit FZE, the prominent crypto options exchange, significantly enhancing its presence in international derivatives markets.
Deal Details
The acquisition deal for Deribit has been completed, making Coinbase a comprehensive platform offering spot trading, futures, and options. Coinbase CEO Brian Armstrong shared excitement about the acquisition: "We've closed the deal and are excited to welcome the Deribit team to Coinbase. Their talent will be a key part of us building the everything exchange."
Deribit Metrics
Deribit holds a top spot in the crypto options market with record trading volumes exceeding $185 billion in July 2025. The exchange also reported open interest at about $60 billion. Over the past year, it has processed more than $1 trillion worth of transactions.
Impact on Coinbase and the Market
The acquisition comes amid increasing institutional demand for crypto derivatives. The integration of Deribit’s infrastructure with Coinbase will enhance liquidity and broaden involvement in the market. The deal is expected to positively impact Coinbase’s adjusted EBITDA on day one, as well as its future customer perception.
The acquisition of Deribit marks a significant step for Coinbase and an important event in the crypto derivatives market, likely positively affecting the company's services.
