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Crypto Options Exchange Deribit Is Evaluating Buyout Offers
Deribit, a major venue for trading cryptocurrency options, is reviewing offers from potential acquirers, according to a Bloomberg report. The American crypto giant Kraken expressed interest in acquiring the options trading platform but did not proceed further. The exchange could be valued between $4 billion and $5 billion. Although Deribit has not disclosed any plans for a sale, it acknowledged receiving investment interest. “In short, Deribit has not been put up for sale,” Deribit stated to the publication. “Over time, we have received interest in strategic investments from various parties, which we will not ... (full story)