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Crypto Exchange Coinbase officially closes the $ 2.9 billion deals deals


The Crypto Exchange Coinbase closed the derivit, the largest trading platform of crypto options by volume, adding to the portfolio of digital asset businesses.

Trade volumes in the derivit led the $ 1 trillion in 2024, and the platform had a “honest base” of institutional and sophisticated entrepreneurs, Coinbase Says on Thursday.

Coinbase consent to obtain a deribit for $ 2.9 billion in May as part of the international expansion approach.

The exchange continues to branch out and serves different segments within the crypto, and offers a Perpetual futures platforma chief brokerage, a Spot retail trading platformInstitutional Lending Services and Asset custody for clients In an attempt to become a one-stop shop for crypto.

Coinbase, companies
Coinbase’s stock dropped nearly 2.5% during the Intraday trading following the official closing of the deal deal. Source: Finance of Yahoo

Related: Bullish Stock Surges 218% in Nyse Debut while crypto enters Wall Street Limelight

Coinbase gets five businesses so far in 2025

The Coinbase gained five companies and projects until 2025, including the derivit, as the company expanded and varying its services.

The company has announced the Buying SpindleAn advertising platform based on Blockchain that helps content creators increase their online visibility, in January.

In the same month, the exchange team got the back of the Roam, a blockchain -based browser.

Coinbase Liquifi’s platform was obtained in July. Liquifi is a company dedicated to managing early stage token startups.

Other Crypto exchanges, branches of brokers in adjacent businesses

The major crypto exchanges continue to branch with adjacent businesses by offering digital assets in various target markets within crypto.

Kraken announced the Debut of Tokenized Stock Trading For residents who were non -US residents in May, expanding to the tokenized securities market.

The exchange of crypto futures trading also offers, asset precautions, staking, and over-the-counter services for institutional clients.

Coinbase, companies
Robinhood’s stock has been in an uptrend since April. Source: Finance of Yahoo

The Robinhood brokerage platform offers mixed asset trade services to clients, which blur the line between traditional financial services and digital finance.

Company announced a Layer-2 Blockchain for Tokenized Stock Trading In June for customers in the European region.

Binance, the world’s largest exchange by trading volume, also offers a suite of retail and institutional services, including options, futures trading and token launch platforms.

The exchange continues to get crypto wallet providers, blockchain development teams, other crypto exchanges and analytics platforms since 2018.

Magazine: Deposit risk: What do crypto exchanges really do with your money?