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flag Coinbase buys Deribit for $2.9 billion, aiming to boost its crypto derivatives presence.

flag Coinbase has acquired Deribit, the world's largest crypto options exchange, for $2.9 billion, combining cash and shares. flag This deal positions Coinbase as a leader in crypto derivatives, adding Deribit's significant trading volume to its platform. flag The acquisition is seen as a strategic move to expand globally and cater to the growing institutional demand for digital assets.

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