Crypto Options Exchange Deribit Might be Sold for $4-5 Billion
Cryptocurrency options exchange Deribit is considering an acquisition deal from multiple anonymous parties. Although the company claims that its total trading volume exceeds $1 trillion, surprisingly, it is seriously considering a sale.
Kraken reportedly considered signing this deal with Derebit, but the talks did not go beyond preliminary investigations.
Deribit may be acquired
derided, a Crypto Derivatives Exchange Has been operating since 2016 and is finally considering Takeover bid. according to a ReportKraken considers acquiring Deribit Between $4 and $5 billion, but no specific prospects were promised.
Since then, no other major buyers have made their intentions public, but the company has hinted at continued interest.
“In short, Deribit has not been sold. Over time, we have received strategic investment interest from multiple parties that we will not disclose,” the company said in a statement.
While the company is considering such an acquisition, Derebit remains One of the largest options exchanges. The company’s trading data is Key indicators to identify market trendseven by 2025. The company also claims that total trade volumes nearly doubled last year.
However, despite its good revenue streams, Derebit has encountered some problems. For example, Dutch companies Leave the EU market Previously moved to Panama in 2020 due to regulatory issues Relocated to Dubai again 2023.
In addition, the company’s Plans to offer attractive new cryptocurrency options Flat due to low volatility in these products. New derivatives such as Bitcoin ETF options are seeing massive inflowsrepresenting dynamic market shifts.
“The $4B-5B valuation is no joke, especially when you consider the $1.2 trillion in trading volume it controls. As the Trump administration establishes a crypto-friendly atmosphere and M&A deals continue to emerge, This could be the perfect time for Deribit to make a big move Cryptocurrencies are becoming more legitimate every day, and Deribit is leading the charge.” Mario Nawfal wrote on X (formerly Twitter).
Deribit is not the only options exchange considering an acquisition deal in this market environment. two weeks ago, FalconX plans to acquire Arbelos Markets After posting a very profitable quarter. FalconX’s CEO predicts a wave of consolidation and acquisitions in 2025, and Deribit could be part of it.
However, any potential deal is still in its early stages. The company didn’t provide any further clues about the future, but apparently it hired Financial Technology Partners LLC in 2023 to help arrange a secondary stock sale.
For whatever reason, Deribit updated this mandate to include the full acquisition transaction. Its underlying motivations remain largely uncertain.
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