In a move that will certainly cement the status of the cryptocurrency exchange, Coinbase is reportedly set to acquire options trading platform Deribit in a landmark $2.9 billion deal, according to the Wall Street Journal. Indeed, the purchase comes amid a regulatory shift that has taken place in the US since the start of the year.

With the agreement, Coinbase will now acquire what is the largest Bitcoin and Ethereum options trading platform in the world. Not only will it ensure the exchange’s position atop the growing industry, but it will also see the status of the US as a digital asset powerhouse enhanced.

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Coinbase to Acquire World’s Largest Crypto Options Trading Platform

Since the start of 2025, the United States has embraced a major shift in its cryptocurrency stance. With the arrival of the first pro-crypto administration, its policy has been almost completely overhauled. In just three months, the US and President Trump have embraced their hope to become a “Bitcoin superpower.”

A key byproduct of a country’s transition toward favorable regulation in any particular sector is acquisition deals. Companies will look to get ahead, knowing that it will all pay off in a given trajectory. That has already taken place in the United States this year. Moreover, it took place again on Thursday, as Coinbase is set to acquire crypto trading platform Deribit.

Coinbase Bitcoin
Source – New York Times

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Coinbase has reportedly struck a deal to purchase the world’s largest BTC and ETH options trading platform. The move will see it delve into the derivatives market and enhance global growth. Both facets are a clear focus for the company’s vice president of institutional products, Greg Tusar.

“This will make us a comprehensive player in derivatives,” Tusar said. Additionally, it follows a slew of acquisitions taking place. Kraken agreed to purchase NinjaTrader in late March at a $1.5 billion price.

Moreover, Ripple had attempted to acquire Circle for a rejected $2 billion deal. It appears as though acquisitions like this from Coinbase will increasingly be the norm as the US becomes a pro-crypto region.

  • COINBASE
  • Crypto Options Trading
  • Deribit