HomeCrypto GamingCrypto Options Exchange Deribit Still in Talks to Be Acquired by Kraken:...

Crypto Options Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

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Cryptoforeign money choices trade Deribit remains to be speaking to Kraken for a possible acquisition, opposite to stories that the U.S. trade had walked away from a possible deal to purchase Deribit, an individual conversant in the matter mentioned.

Latest stories additionally confirmed the crypto choices platform was working with FT Companions to evaluate takeover bids, however Deribit CEO Luuk Strijers dominated out a takeover scenario. The agency might be valued at $4 billion- $5 billion or much more, based on Bloomberg.

A second supply mentioned listed U.S. trade Coinbase (COIN) has additionally been kicking the tires of Deribit.

Deribit is an interesting takeover goal as a result of it’s the overwhelming market-leading trade for digital asset choices buying and selling, which Kraken can be wanting so as to add to its buying and selling providing, Strijers had mentioned in an earlier report.

Kraken and Deribit declined to remark. Coinbase didn’t reply to requests for remark by press time



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