Coinbase announced today the completion of the $ 2.9 billion acquisition of Crypto Options Exchange Deribit.
Coinbase commented:
“This acquisition brings us closer to the supply of the full range of commercial products – spot, futures, lasting and choices – all on a smooth platform. In addition to the range of the product, it allows us to escalate worldwide with wider participation and deeper fluidity. The purchase of the encryption options are in ”.
Coinbase expects Q3 financial impact on Deribit is:
- Revenue: Deribit has generated over $ 30 million in July of transactions revenue. Note that Coinbase Q3 results will include consolidated results from Deribit from August 14 to September 30, 2025.
- Costs: Coinbase expects that Deribit will contribute about $ 10 million additional expenditure on technology and development and general and administrative expenses in the third quarter (with the exception of depreciation associated with agreements). It also expects that the depreciation associated with the agreements will virtually increase Q/Q in Q3, but this amount is not calculated right now.
- Profitability: Coinbase expects EBITDA to adjust immediately after closing.