Coinbase has officially acquired the crypto-derivatives platform Deribit. The company plans to integrate Deribit products directly into its existing ecosystem to broaden its service range for institutional clients in the United States.
The integration is being executed through Coinbase Prime. As part of this expansion, the platform has introduced new derivatives tools, which include a specialized matching engine and contracts settled in USDC.
This acquisition consolidates spot trading, futures, perpetuals, and options into a single unified platform. The company aims to leverage this move to increase market activity and interest within the Ethereum ecosystem.
