It is in advanced acquisitions with leading global crypto rules exchange derived, Bloomberg reports.

According to history, companies have notified Dubai regulators (where Deriibit is licensed) about the discussions.

Bloomberg earlier this year – along with rumors that Kraken was discussing a acquisition – Deribit reported $ 4 billion to $ 5 billion.

Best known for its spot trading business, Coinbase (Coin) would make a big push into the very profitable crypto derivat market with a purchase of deribit that says trading volume in 2024 of almost $ 1.2 trillion – almost twice the previous year.