Deribit Attracts Acquisition Interest Amid Crypto Market Surge
- Deribit, a leading crypto derivatives platform, is attracting acquisition interest.
- The firm is collaborating with Financial Technology Partners to explore opportunities.
- Deribit CEO Luuk Strijers confirmed the appointment of FT Partners for advisory services.
- The company is valued at an estimated $4 billion to $5 billion or more.
- Kraken considered acquiring Deribit but did not make an offer.
Deribit has appointed Financial Technology Partners as advisors amid acquisition interest, with the firm’s valuation potentially reaching $5 billion. Kraken reviewed a potential purchase but decided against proceeding.
