Coinbase set to acquire crypto derivatives giant Deribit in $2.9 billion deal, WSJ reports

Deribit currently operates under a full license from Dubai’s Virtual Assets Regulatory Authority (VARA) This regulatory license enables the platform to legally offer crypto derivatives trading to institutional and qualified investors. Transferring the license to Coinbase would require regulatory approval, potentially delaying the finalization of the deal. Coinbase is acquiring Deribit—a leading crypto options and […] The post Coinbase set to acquire crypto derivatives giant Deribit in $2 source: https://coinjournal.net/news/coinbase-set-to-acquire-crypto-derivatives-giant-deribit-in-2-9-billion-deal-wsj-reports/