Coinbase buys a pit

Coinbase buys a pit

The crypt offer is hot.

Coins He announced Thursday the most vital offer in the cryptographic industry when he said he would buy a march of derivatives Derivative In a contract value $ 2.9 billion to modify to cryptographic options markets.

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The contract consists of $ 700 million in money and 11 million Coinbase shares, on Blog post.

“This is not just another addition; it is a fundamental for our vision of creating the most comprehensive, compatible and user -friendly derivative platform around the world,” we read the blog. “We are excited about the path in front of us and we are waiting to welcome grinding in the Coinbase family when we shape the future of cryptographic markets together.”

Deribit raised a round of $ 40 million for a valuation value $ 400 million from akin to such QCP capital AND Capital Polybius in 2022, on Crunchbase.

Quite a bit

The contract is only the latest great movement of mergers and acquisitions in Crypto. While the variety of transactions are small, the size increases as the president’s re -election Donald Trump He again energized the cryptocurrency market with many expecting regulations.

Last month Crypto Payments Ripple He said he would buy a brokerage house Hidden road for $ 1.25 billion. In March USA Securities and stock exchanges I dropped Legal case against Ripple, which accused him of conducting an illegal offer of securities.

In March, cryptocurrency exchange Krash He said he would buy a retail Futures trading platform Ninjatrader for $ 1.5 billion.

In general, financing projects for startups in cryptographic space and blockchain increased to $ 3.8 billion in 220 transactions in the first quarter, on Crunchbase data. The dollar is a 138% jump in comparison with the previous quarter, in which only $ 1.6 billion goes to WEB3 startups in 242 offers.

However, these numbers were supported by the exchange of cryptocurrencies BinanceAn enormous investment value $ 2 billion from an investment company based in Abu Dhabi MGX. The contract is the largest investment in a cryptographic company.

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