Insiders: Deribit acquisition talks are still ongoing, with both Kraken and Coinbase expressing interest in acquiring

2025-02-20 18:09:24
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ChainCatcher news, according to CoinDesk, informed sources revealed that the acquisition negotiations between the cryptocurrency options exchange Deribit and Kraken are still ongoing, and previous rumors about Kraken withdrawing from the acquisition are not true. According to Bloomberg, Deribit's valuation could reach $4-5 billion or higher.

Another informed source stated that the U.S. listed exchange Coinbase is also evaluating the possibility of acquiring Deribit. It is worth noting that while there have been reports that Deribit is working with FT Partners to assess acquisition offers, Deribit CEO Luuk Strijers denied the claims of being acquired. Currently, both Kraken and Deribit have not made any official comments on the acquisition rumors.

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