Coinbase以29億美元的價格收購了Deribit，擴大了其在加密衍生品市場

該交易所將將7億美元的現金轉移到Deribit，使其其餘的A級股票付款。這可能會或可能不會在幾個月內延遲交易的最終確定。

Coinbase has announced the acquisition of crypto derivatives exchange Deribit for $2.9 billion.

Coinbase宣布以29億美元的價格收購加密衍生品交易所deribit。

This move signals the company’s growing interest in the crypto derivatives market, having previously been rumored to be considering buying Kraken.

此舉表明該公司對加密衍生品市場的興趣日益增長，此前曾被謠傳正在考慮購買Kraken。

Coinbase Will Pay $700 Million in Cash and Stock

Coinbase將支付7億美元的現金和股票

Coinbase is transferring $700 million in cash to Deribit, with the remaining amount being paid in Class A stock. This may factor into the timing of the deal's finalization, which is expected within the next few months.

Coinbase正在將7億美元的現金轉移到Deribit，其餘金額將在A類股票中支付。這可能會導致交易終止的時機，這將在未來幾個月內預計。

Coinbase and Deribit first began discussing a potential partnership in late March.

Coinbase和Deribit首次開始討論3月下旬的潛在夥伴關係。

The popular derivatives exchange had started considering buyout offers earlier this year. In January, reports emerged that Kraken was planning to acquire Deribit for $4-5 billion. However, these plans fell through.

流行的衍生品交易所已經開始考慮今年早些時候的收購優惠。一月份，有報導稱，克雷肯計劃以4-5億美元的價格收購Deribit。但是，這些計劃失敗了。

Coinbase is now reportedly planning to acquire Deribit for a lower price tag of $2.9 billion. It's unclear what led to Deribit accepting a lower offer from Coinbase compared to Kraken's rumored bid.

據報導，Coinbase現在計劃以29億美元的價格較低的價格收購Deribit。目前尚不清楚是什麼導致Coinbase比Kraken的傳聞出價相比，從Coinbase接受較低的報價。

After the reports of the Kraken deal collapsing emerged, Deribit was forced to leave Russia due to EU sanctions. This may have contributed to a lower valuation of the exchange.

在報導爆發的案報導崩潰後，由於歐盟的製裁，迪比特被迫離開俄羅斯。這可能導致交易所估值較低。

Coinbase Is Expanding Into Derivatives

Coinbase正在擴展到衍生物

Coinbase is pursuing this deal as part of its broader strategy to expand its presence in the derivatives market.

Coinbase將這筆交易作為其在衍生品市場中擴大其業務的更廣泛戰略的一部分。

"With Deribit, Coinbase becomes the #1 global platform for crypto derivatives by open interest and options volume. Deribit brings approximately $30B in open interest and $1T+ in trading volume. This is a major step in our global expansion strategy. We’re set to offer unparalleled access to crypto derivatives," Coinbase stated on X (formerly Twitter).

“借助deribit，Coinbase通過開放興趣和期權量成為Crypto衍生產品的第一全球平台。Deribit帶來了大約30B美元的開放興趣和1T+ $ 1T+的交易量。這是我們全球擴展策略的重要一步。我們將在X（以前的Twitter上說明無與倫比的加密衍生物訪問conterbase）。

Coinbase, one of the world's leading crypto exchanges, is already a player in the derivatives market. The exchange began offering derivatives trading almost four years ago and recently launched CFTC-regulated XRP futures contracts.

Coinbase是世界領先的加密交易所之一，已經是衍生品市場的球員。該交易所開始提供大約四年前的衍生品交易，並最近啟動了由CFTC監管的XRP期貨合約。

However, this partnership with Deribit will allow Coinbase to significantly expand its capabilities in this domain.

但是，與Deribit的這種合作關係將使Coinbase可以顯著擴大其在該領域的能力。

Coinbase's share prices have recovered notably since Trump's sweeping tariffs last month. COIN has surged over 36% since April, as the exchange prepares to report its Q1 2025 earnings later today.

自從特朗普上個月的大量關稅以來，Coinbase的股價已經恢復了明顯。自4月以來，硬幣飆升了36％以上，因為交易所準備報告今天晚些時候的第一季度2025年收益。

Deribit's executives will receive most of their $2.9 billion asking price in Class A stock from Coinbase. The latter firm will pay $700 million in cash, but will otherwise seal the acquisition deal with 11 million shares.

Deribit的高管將從Coinbase中獲得其29億美元要價的大部分。這家公司將支付7億美元現金，但否則將以1100萬股的價格收購協議。

According to the press release, this may delay the proceedings somewhat, but the transaction “is expected to close by year-end.”

根據新聞稿，這可能會有所延遲訴訟，但交易“預計將按年底結束”。

Coinbase Didn't Disclose Plans For Deribit

Coinbase沒有透露deribit的計劃

Moving forward, Coinbase didn't specify how it plans to leverage Deribit's resources for its own expansion plans. Still, the firm's public statements repeatedly stressed that Deribit is the world leader in crypto derivatives.

向前邁進，Coinbase並未指定它計劃如何利用Deribit的資源來製作自己的擴展計劃。儘管如此，該公司的公開聲明反復強調，Deribit是加密衍生品的世界領導者。

By simply taking over its user base and trading volumes, Coinbase has gained many opportunities to take over the spotlight.

通過僅接管其用戶群和交易量，Coinbase獲得了許多吸引人的機會。