Coinbase has completed its acquisition of Deribit, describing it a big step towards becoming the most comprehensive global encryption platform.
Deribit, the largest exchange options in the world by size and open benefits, mentioned about $ 60 billion of current open benefits and more than $ 1 trillion traded in 2024.
The platform witnessed its most powerful month in July 2025, with trading volumes exceeding $ 185 billion, amid an increase in institutional activity.
Coinbase said that the Deribit platform “fast and effective for the head of capital and battle” complements its growing future works and permanent works, which enables it to present a place, future, permanent and trading options on one platform.
The company said that the acquisition will help it expand its scope in the world with wider participation and deeper liquidity.
Greg Tosar, deputy head of institutional products at Coinbase, said that the deal is placed “to lead the next wave of innovation” while speeding up the demand for encryption options.
From a financial perspective, Coinbase expects Deribit to be immediately to guide the modified Ebitda.
Deribit has achieved more than $ 30 million in transaction revenues in July, Coinbase said that its results in the third quarter will include Deribit’s contribution from August 14 to September 30.
The acquisition will also add about $ 10 million of additional expenses, development and administrative expenditures in the quarter, with the exception of the firefighting fire.
Coinbase said that the deal is a great milestone in building encryption derivative markets “faster, more sophisticated and easier.”