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

Summary by Coin Desk
Cryptocurrency options exchange Deribit is still talking to Kraken for a potential acquisition, contrary to reports that the U.S. exchange had walked away from a potential deal to buy Deribit, a person familiar with the matter said.Recent reports also confirmed the crypto options platform was working with FT Partners to assess takeover bids, but Deribit CEO Luuk Strijers ruled out a takeover situation. The firm could be valued at $4 billion- $5 …
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Coin Desk broke the news in Manila, Philippines on Thursday, February 20, 2025.
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