Coinbase Open To More Acquisitions After $2.9B Deribit Deal Closes, CEO Says
Coinbase may not be finished shopping after its Deribit acquisition. The exchange’s chief executive has signalled that the company remains open to further deals as it tries to deepen its reach in crypto derivatives and expand beyond its core US spot-trading base.TL;DRCoinbase has closed its $2.9 billion Deribit acquisition, strengthening its crypto derivatives footprint.CEO Brian Armstrong reportedly told Bloomberg TV that the company remains open to additional deals.The strategy points to