Coinbase says $2.9 billion Deribit deal will increase profits even as income drops in Q1

fortune.com/crypto/2025/05/08/coinbase-derebit-q1-earnings-profit-drop-diversification

Coinbase just pulled off the biggest acquisition of a crypto firm in industry history. On Thursday, the U.S.’s largest crypto exchange announced that it would pay $2.9 billion for Deribit, a derivatives platform that lets traders bet on the future prices of cryptocurrencies like…

This story appeared on fortune.com, 2025-05-09 00:24:49.
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