Coinbase has officially completed its acquisition of Deribit, the world\u2019s leading crypto options exchange, in a strategic move that significantly expands its derivatives trading capabilities.<\/p>\n
\u201cThis milestone marks a major step forward in our mission to build the most comprehensive, trusted platform for global crypto derivatives trading,\u201d the firm said in a Thursday announcement<\/a>.<\/p>\n \u201cWe just closed the biggest deal in crypto history,\u201d said Emilie Choi, President and Chief Operating Officer of Coinbase.<\/p>\n \u201cTheir talent will be a key part of us building the \u2018everything exchange,\u2019 and being able to offer industry-leading derivatives products around the world,\u201d said CEO Brian Armstrong.<\/p>\n It\u2019s very official now.<\/p>\n Proud to be part of @coinbase<\/a> https:\/\/t.co\/CCUvGLbYLO<\/a><\/p>\n \u2014 Deribit (@DeribitOfficial) August 14, 2025<\/a><\/p>\n\n Deribit is the world\u2019s leading crypto options<\/a> exchange by volume and open interest, according to Coinbase. There is currently around $60 billion in open interest on the platform for all contracts, which saw over $1 trillion traded in the previous year.<\/p>\n Open interest (OI) is the number or value of derivatives contracts that have yet to be settled or closed. Deribit also saw a record $185 billion in trading volume in July amid an institutional surge in crypto derivatives.<\/p>\n Total Bitcoin futures OI is around $83 billion, according<\/a> to CoinGlass, which lists the CME and Binance as market leaders.<\/p>\n The $2.9 billion acquisition, which was announced in May<\/a>, completes Coinbase\u2019s derivatives product suite, which includes spot, futures, perpetuals, and options trading.<\/p>\n Coinbase<\/a> also stated that it expects Deribit to incur approximately $10 million in additional expenses for technology, development, and general administrative costs.<\/p>\n The firm has acquired five companies so far this year, including Spindle, Roam, and Liquifi, as it aggressively expands its ambitions to become the \u201ceverything exchange.\u201d<\/p>\n In June, Deribit accepted BlackRock\u2019s industry-leading USD Institutional Digital Fund (BUIDL) as collateral, giving investors a stable and yield-generating alternative.<\/p>\n Coinbase shares<\/a> did not react to the announcement as the market had already priced it in.<\/p>\n COIN ended the day flat, trading at around $325 after-hours, but has gained 4% over the past week as Bitcoin notched a new all-time high.<\/p>\n The stock has performed well this year, gaining 31% since the beginning of 2025 and 65% since this time last year. COIN hit an all-time high of $420 on July 18, which was the same week that BTC first topped $120,000.<\/p>\n The post Coinbase Closes Deribit Deal as Crypto Derivatives Skyrocket<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Coinbase has officially completed its acquisition of Deribit, the world\u2019s leading crypto options exchange, in a strategic move that significantly expands its derivatives trading capabilities. \u201cThis milestone marks a major step forward in our mission to build the most comprehensive, trusted platform for global crypto derivatives trading,\u201d the firm said in a Thursday announcement. \u201cWe […]<\/p>\n","protected":false},"author":0,"featured_media":88634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88633"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88633"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88634"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Crypto Derivatives Surging<\/h2>\n
Coinbase Stock Up This Week<\/h2>\n