Deribit's the biggest options player, so it seems they wanna build a real monster, one that'll have crazy power over Bitcoin's price. I'm kinda iffy about that for Bitcoin.

Major exchanges are making moves to bring degen trading to USA. 

BlokchainB

Stacker_Stocks

> **Coinbase is in advanced discussions to acquire top Bitcoin options exchange Deribit, potentially valuing the platform at $4–$5 billion.**
>
> ![](https://m.stacker.news/83789)
>
> ### Key Takeaways
>
> - Coinbase is in advanced talks to acquire Bitcoin options giant Deribit.
> - Deribit's trading volume in 2023 reached approximately $1.2 trillion.
> - The deal could be valued between $4 billion and $5 billion.
>
> **[...read more at bitbo.io](https://bitbo.io/news/coinbase-deribit-acquisition-talks/)**