#Deribit denies selling#
Hot Topic Overview
Overview
Crypto derivatives trading platform Deribit has been rumored to be acquired recently, but its CEO Luuk Strijers denied the sale rumors. He stated that Deribit has indeed received strategic investment interest from multiple parties and has hired FT Partners as an advisor to evaluate investment opportunities, but it is not currently for sale. Previously, there were reports that crypto exchange Kraken was considering acquiring Deribit, but it did not make a formal offer. According to reports, Deribit's valuation could be between $4 billion and $5 billion or higher. Currently, the bull market in the crypto market is driving up M&A activities in the industry, and Deribit's strategic investment consultation reflects this trend.
Ace Hot Topic Analysis
Analysis
Deribit CEO Luuk Strijers has denied recent rumors about the company being sold. He confirmed that Deribit has received interest from multiple parties for strategic investments and has hired FT Partners as an advisor to evaluate these investment opportunities as well as potential secondary market equity transactions. Strijers emphasized that Deribit is not currently for sale, but is open to strategic investments. Earlier reports suggested that cryptocurrency exchange Kraken had considered acquiring Deribit, but did not submit a formal offer. Deribit's valuation is reportedly in the range of $4 billion to $5 billion or higher. Currently, the bull market in the cryptocurrency space is driving up M&A activity in the industry, with Moonpay and Chainalysis announcing two major acquisitions this week.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit is not for sale, but it has received strategic investment interest from multiple parties.
Deribit has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions.
The bull market in the cryptocurrency market is driving up M&A activity in the industry.
Deribit's valuation could be between $4 billion and $5 billion or higher.