BlackRock’s IBIT has surged past Deribit to become the world’s largest Bitcoin options venue, signaling a shift in institutional interest. This move could reshape the cryptocurrency trading landscape, highlighting growing demand for Bitcoin derivatives.
BlackRock’s $2.9 billion tokenized treasury fund has been accepted as collateral on major cryptocurrency platforms Crypto.com and Deribit. This development marks a significant step in integrating traditional finance with digital asset markets.
Coinbase’s recent earnings miss has sparked division among Wall Street analysts, with some expressing concerns over its profitability. Meanwhile, the planned takeover of Deribit could reshape the competitive landscape in crypto trading and derivatives markets.
Bitcoin is witnessing a notable surge in institutional confidence, as indicated by the new activity in the Deribit-listed BTC options market. This rising demand reflects an increasing acceptance of Bitcoin as a viable asset among institutional investors.
Coinbase has entered into a $2.9 billion agreement to acquire Deribit, a prominent cryptocurrency options exchange. This strategic move aims to enhance Coinbase’s service offerings and solidify its position in the burgeoning U.S. crypto options market.
Coinbase is reportedly in advanced discussions for a multi-billion dollar acquisition of Deribit, a leading cryptocurrency options exchange, according to Bloomberg. This move could significantly enhance Coinbase’s offerings and strengthen its market position.
Sygnum Bank has announced the integration of off-exchange crypto custody services for Deribit, utilizing Fireblocks technology. This collaboration enhances security and operational efficiency for institutional clients navigating the evolving digital asset landscape.