Coinbase以29亿美元的价格收购了Deribit，扩大了其在加密衍生品市场

该交易所将将7亿美元的现金转移到Deribit，使其其余的A级股票付款。这可能会或可能不会在几个月内延迟交易的最终确定。

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

Coinbase宣布以29亿美元的价格收购加密衍生品交易所deribit。

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

此举表明该公司对加密衍生品市场的兴趣日益增长，此前曾被谣传正在考虑购买Kraken。

Coinbase Will Pay $700 Million in Cash and Stock

Coinbase将支付7亿美元的现金和股票

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正在将7亿美元的现金转移到Deribit，其余金额将在A类股票中支付。这可能会导致交易终止的时机，这将在未来几个月内预计。

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

Coinbase和Deribit首次开始讨论3月下旬的潜在伙伴关系。

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经开始考虑今年早些时候的收购优惠。一月份，有报道称，克雷肯计划以4-5亿美元的价格收购Deribit。但是，这些计划失败了。

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.

据报道，Coinbase现在计划以29亿美元的价格较低的价格收购Deribit。目前尚不清楚是什么导致Coinbase比Kraken的传闻出价相比，从Coinbase接受较低的报价。

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.

在报道爆发的案报道崩溃后，由于欧盟的制裁，迪比特被迫离开俄罗斯。这可能导致交易所估值较低。

Coinbase Is Expanding Into Derivatives

Coinbase正在扩展到衍生物

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

Coinbase将这笔交易作为其在衍生品市场中扩大其业务的更广泛战略的一部分。

"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通过开放兴趣和期权量成为Crypto衍生产品的第一全球平台。Deribit带来了大约30B美元的开放兴趣和1T+ $ 1T+的交易量。这是我们全球扩展策略的重要一步。我们将在X（以前的Twitter上说明无与伦比的加密衍生物访问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是世界领先的加密交易所之一，已经是衍生品市场的球员。该交易所开始提供大约四年前的衍生品交易，并最近启动了由CFTC监管的XRP期货合约。

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

但是，与Deribit的这种合作关系将使Coinbase可以显着扩大其在该领域的能力。

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.

自从特朗普上个月的大量关税以来，Coinbase的股价已经恢复了明显。自4月以来，硬币飙升了36％以上，因为交易所准备报告今天晚些时候的第一季度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的高管将从Coinbase中获得其29亿美元要价的大部分。这家公司将支付7亿美元现金，但否则将以1100万股的价格收购协议。

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

根据新闻稿，这可能会有所延迟诉讼，但交易“预计将按年底结束”。

Coinbase Didn't Disclose Plans For Deribit

Coinbase没有透露deribit的计划

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.

向前迈进，Coinbase并未指定它计划如何利用Deribit的资源来制作自己的扩展计划。尽管如此，该公司的公开声明反复强调，Deribit是加密衍生品的世界领导者。

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

通过仅接管其用户群和交易量，Coinbase获得了许多吸引人的机会。