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Deribit attracts buyers for potential acquisition, valuation may exceed 5 billion dollars

律动Jan 14, 2025

According to BlockBeats, on January 15, Bloomberg cited sources saying that the cryptocurrency derivatives exchange Deribit has hired a financial advisor to "review opportunities" after attracting the attention of potential acquirers.


The company has invited Financial Technology Partners LLC (FT Partners) to participate in this potential transaction, and the cryptocurrency exchange Kraken has also expressed interest in getting involved. Bloomberg reports that Kraken has not pursued the acquisition and states that Deribit's valuation could exceed 5 billion USD, while Kraken declined to comment on the matter.


In response to a request for comment from The Block, Deribit stated in a release: "Deribit is not currently up for sale. Over time, we have received strategic investment interest from various parties, but we will not disclose these interests. As a routine part of business operations, Deribit appointed FT Partners as general consulting services and advisors for potential secondary market investments at the beginning of 2023."

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Deribit attracts buyers for potential acquisition, valuation may exceed 5 billion dollars

律动Jan 14, 2025

According to BlockBeats, on January 15, Bloomberg cited sources saying that the cryptocurrency derivatives exchange Deribit has hired a financial advisor to "review opportunities" after attracting the attention of potential acquirers.


The company has invited Financial Technology Partners LLC (FT Partners) to participate in this potential transaction, and the cryptocurrency exchange Kraken has also expressed interest in getting involved. Bloomberg reports that Kraken has not pursued the acquisition and states that Deribit's valuation could exceed 5 billion USD, while Kraken declined to comment on the matter.


In response to a request for comment from The Block, Deribit stated in a release: "Deribit is not currently up for sale. Over time, we have received strategic investment interest from various parties, but we will not disclose these interests. As a routine part of business operations, Deribit appointed FT Partners as general consulting services and advisors for potential secondary market investments at the beginning of 2023."

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