The American Crypto Coinbase has acquired the deribrated options platform for $ 2.9 billion (2.6 billion euros).
With this huge agreement, Coinbase officially enters the cryptoderic American market.
Not only one of the largest cryptocurrency agreements in history is materialized, but two entrepreneurs suddenly seem to billionaires.
Delibit makes coinbase world leader in cryptoderivats
Already in March, the news said that Jamming It was close to an acquisition. In a press release, Coinbase now describes the acquisition “milestone” in its growth strategy.
The agreement provides American access to the largest cryptoderic bag in the world. Delibit was processed by the largest volume of negotiation of options and term contracts in the sector.
An option is the right to buy or sell a certain asset within a agreed period, at a predetermined price. In this way, people can “bet” for what the Bitcoin price.
Thanks to its sophisticated negotiation options and its great liquidity, the platform has forged a solid reputation, especially among institutional investors.
Delibit, founded in 2016, has become a leader in the option to negotiate options for Bitcoin Y Ethereum. In 2024 alone, the company processed an operating volume of $ 1.2 billion. This meant a huge increase of 95% compared to the previous year.
Coinbase pays using money and its actions
Coinbase pays $ 700 million in fiduciary money for acquisition, supplemented by 11 million shares worth 2.2 billion dollars. This makes it one of the greatest acquisitions in the history of the cryptocurrency sector.
The acquisition should not only give Coinbase more position on the market, but also directly improve the profitability of the company.
“With that, we create the most complete institutional platform in the world,” said Coinbase.
Despite the strategic acquisition, the quarterly results of Coinbase were somewhat disappointing. The company recorded advantages of almost 23% compared to the previous year. Total income has increased from $ 1,640 million to $ 2,030 million, but costs increased more suddenly.
Institutional approach and political aid
The derivatives are increasingly important in the world of cryptocurrencies, in particular because they generate higher margins than regular trade.
The strategic choice of Coinbase arrives at a time when the United States, thanks in part to the favorable position for the Cryptocurrencies of the Trump administration, are increasingly reaffirmed as a global cryptocurial center.
According to the executive director of CoinbaseGreg TUSAR,, The agreement allows the company to extend its institutional offer and to occupy a unique position on the cryptoderic growing market.
“We are ready to provide unprecedented access to cryptoderivats,” he said.
Two triumphant brothers
The big winners of this operation seem to be the founders of Deribit in Groninga: Marius and John Jansen.
The brothers, from the Netherlands, were already in the list of quotes 500 last year, with an estimated combined heritage of 600 million euros. Now that they will sell their majority participation in Coinbase, they could jump to the state of billionaires.
Although the exact distribution of the actions is not public, it is likely that a large part of the income goes to the Jansen. They managed to convert the platform into a global actor with minimum marketing.
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