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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-16 10:49:45 UTC
Verified By
Rollup News
Coinbase is planning further acquisitions after purchasing Deribit for $2.9 billion, according to CEO Brian Armstrong. The Deribit acquisition, funded by cash and Coinbase shares, will help Coinbase expand into the derivatives market. Coinbase's stock has increased by over 30% since May, and the company will soon be included in the S&P 500 index.
Coinbase's acquisition of Deribit for $2.9 billion.
Coinbase's plans for further mergers and acquisitions.
Coinbase's upcoming inclusion in the S&P 500 index.