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Deribit confirms strategic investment interest, denies sale rumors

PANewsJan 15, 2025

Luuk Strijers, the CEO of Deribit, confirmed that the company is evaluating strategic investment opportunities and has hired FT Partners as an advisor, but denied rumors that the company is for sale. Despite reports that Kraken had considered acquiring Deribit, no formal offer was made. Deribit’s valuation is reportedly between 4 billion and 5 billion USD or higher. Currently, the bull market in the cryptocurrency space is driving M&A activity within the industry, including two significant acquisitions announced this week by Moonpay and Chainalysis.

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Deribit confirms strategic investment interest, denies sale rumors

PANewsJan 15, 2025

Luuk Strijers, the CEO of Deribit, confirmed that the company is evaluating strategic investment opportunities and has hired FT Partners as an advisor, but denied rumors that the company is for sale. Despite reports that Kraken had considered acquiring Deribit, no formal offer was made. Deribit’s valuation is reportedly between 4 billion and 5 billion USD or higher. Currently, the bull market in the cryptocurrency space is driving M&A activity within the industry, including two significant acquisitions announced this week by Moonpay and Chainalysis.

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