- Coinbase is now checking 85% of global crypto choices.
- Trading derivatives is the next large growth area of cryptos.
- The US regulation is shifting to support cryptocuinnovation.
Coinbase has announced its important step in its global expansion strategy, acquiring a $ 2.9 billion in a daribite in a leading cryptocase exchange deribite. The transaction includes $ 700 million in cash and $ 11 million in Coinbase shares, which so far one of the largest crypto acquisitions.
The transaction sets Coinbase under control of about 85% of the global cryptocurrency market, expanding its footprints further than on -site trading and positioning it as a dominant player of derivatives. Moving is aimed at both institutional and retail companies, especially in Asia and Europe, looking for advanced financial tools in the middle of the fluctuating market conditions.
Coinbase shares jumped 5.7% after the announcement, although the share has fallen 21% per year.
Crypto derivatives: The next growth limit
Acquisition emphasizes a strategic shift among the main cryptocurrencies towards trading of derivatives. Deribi currently has an open interest of about $ 30 billion, introducing its dominance to opportunities. Derivators, especially options, are essential for institutional investors, providing tools for risky and complex strategies.
Coinbase's earlier Fairx and now Deribit purchase shows a clear intention to build a complete derivative ecosystem, similar to traditional finance. Analysts note that such a step increases revenues and protects such platforms and such binance and CrackleTo. Derib is estimated at $ 425-450 million in revenue of 2024. (2024 or 2025?)
The regulatory climate increases the strategic schedule
The expansion of Coinbase corresponds to the more favorable regulatory environment in the US. Political designers are working on a thorough crypto laws Expected by August 2025, potentially shifts will provide derivatives to American users.
SECI recent signals refer to restrictions, while legislative proposals such as strategic Bitcoin reserves. Analysts believe that it can open a door to the US cryptocurrency trading trading that had previously been boundless due to regulatory problems.
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