Options exchange Deribit considers selling itself

In summary

Deribit, the leading crypto options exchange, is evaluating acquisition offers, citing strategic investment interest from unnamed parties.

Kraken had considered a potential deal valued at $4-5 billion but did not proceed, leaving the intentions of other suitors undisclosed.

Despite strong trading volumes, Deribit faces challenges such as relocation and low demand for new crypto option products.

Trade with leverage, NO KYC required, and receive rewards up to $1030.Go to BingX now.

BUSINESS MODEL OF CRYPTO EXCHANGE 12 2

Crypto options exchange Deribit is reviewing acquisition offers from a number of unnamed parties. Though the company claims a total trading volume above $1 trillion, it is surprisingly serious about considering a sale.

Kraken was said to have considered inking the deal with Deribit, but talks did not progress beyond this initial exploration.

Deribit May Be Acquired

Deribit, a crypto derivatives exchange that has operated since 2016, is finally reviewing acquisition offers. According to a report, Kraken considered purchasing Deribit for $4-5 billion but did not commit to the prospect. Since then, no other major buyers have made their intentions public, but the company has hinted at ongoing interest

image 292

“To be brief, Deribit is not for sale. We have, over time, received interest for strategic investments from various parties, which we will not be disclosing,” the company said in a statement.

Though the company is considering such an acquisition deal, Deribit remains one of the largest options exchanges. Its trading data is a key indicator for determining market trends, even in 2025. The company also claims its total trading volume nearly doubled last year.

However, Deribit has encountered some issues, despite its steady revenue stream. For example, the Dutch company exited the EU market in 2020 due to regulatory concerns, moving to Panama before relocating to Dubai in 2023.

Plus, the company’s plans to offer compelling new crypto options have fallen flat due to low volatility in these products. New derivatives products like Bitcoin ETF options are attracting large inflows, representing a dynamic market shift.

“A $4B-$5B valuation is no joke, especially when you consider the $1.2T volume it controls. With the Trump administration creating a crypto-friendly environment and M&A deals happening, this could be the perfect time for Deribit to make a big move. Crypto is becoming more legitimate every day, and Deribit is right at the center of it,” wrote Mario Nawfal on X (formerly Twitter).

In this market environment, Deribit is not the only options exchange considering an acquisition deal. Two weeks ago, FalconX planned to acquire Arbelos Markets after reporting a very profitable quarter. FalconX’s CEO predicts a wave of mergers and acquisitions in 2025, and Deribit may be a part of it.

However, any potential deal is still in its early stages. The company is not offering any further clues about the future, but it is clear they hired Financial Technology Partners LLC in 2023 to help arrange a secondary share sale. For some reason, Deribit has updated this mandate to include full-blown acquisition deals. Their underlying motive remains quite vague.

Join the BeInCrypto Community on Telegram to stay updated on the latest analysis and news on the financial market in general and crypto in particular.

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk

Leave a Comment

Your email address will not be published. Required fields are marked *