Coinbase CEO looking at more acquisitions after $2.9B Deribit buy

Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit. “We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14. He added that the firm has a large balance sheet that can be put to use. The firm revealed in its latest revenue report that its balance sheet has strengthened, ending the first quarter with $9 source: https://cointelegraph.com/news/coinbase-ceo-looking-more-acquisitions-after-deribit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound