#Deribit denies selling#
Hot Topic Overview
Overview
Deribit CEO Luuk Strijers has denied rumors that the crypto derivatives trading platform is up for sale, but confirmed that it has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions. While Deribit is not currently on the market, it has indeed received interest from multiple parties for strategic investments. Earlier reports had indicated that crypto exchange Kraken had considered acquiring Deribit, but did not make a formal offer. Deribit is reportedly valued at $4 billion to $5 billion, or even higher. Currently, the bull market in the cryptocurrency space is driving M&A activity in the industry, including two major acquisitions announced this week by Moonpay and Chainalysis.
Ace Hot Topic Analysis
Analysis
Deribit CEO Luuk Strijers confirmed that the company has hired FT Partners as an advisor to assess strategic investment opportunities and potential secondary market equity transactions. He emphasized that Deribit is not up for sale, but has indeed received strategic investment interest from multiple parties. Earlier reports suggested that crypto exchange Kraken had considered acquiring Deribit but did not make a formal offer. According to reports, Deribit's valuation could be in the range of $4 billion to $5 billion or higher. Currently, the bull market in the crypto market is driving an upswing in mergers and acquisitions within the industry, including Moonpay and Chainalysis announcing two major acquisitions this week. While Deribit has denied sale rumors, its CEO confirmed that the company is actively seeking strategic investment opportunities, indicating that Deribit is actively seeking new directions for development and may engage in deeper strategic cooperation or mergers and acquisitions in the future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit is not publicly traded, but it has received significant interest from strategic investors.
Deribit has hired FT Partners as an advisor to assess strategic investment opportunities and potential secondary market equity transactions.
The bull market in the crypto market is driving up M&A activity in the industry.
Deribit's valuation could be between $4 billion and $5 billion, or even higher.