#Deribit Denies Sale Rumors#
Hot Topic Overview
Overview
Deribit CEO Luuk Strijers denied rumors that the company is up for sale, confirming that it has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions. While Deribit is not officially up for sale, it has received multiple strategic investment interests. Previous reports suggested that crypto exchange Kraken had considered acquiring Deribit, but did not make a formal offer. Deribit's valuation is reportedly in the range of $4 billion to $5 billion or higher.
Ace Hot Topic Analysis
Analysis
Deribit CEO Luuk Strijers has denied recent rumors about the company being acquired. He confirmed that Deribit has received strategic investment interest from multiple parties and has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions. While Deribit is not currently for sale, Strijers emphasized that the company is actively exploring various strategic partnership possibilities. Previously, there were reports that crypto exchange Kraken was considering 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 crypto market bull run is driving up M&A activity in the industry, including Moonpay and Chainalysis, which announced two major acquisitions this week.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Deribit is not for sale, but has received significant strategic investment interest.
Deribit has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions.
Crypto market bull run has driven up M&A activity in the industry, including Moonpay and Chainalysis, which announced two major acquisitions this week.
Deribit has denied rumors of a Kraken acquisition.