#Deribit denies selling#
Hot Topic Overview
Overview
Deribit CEO Luuk Strijers has denied rumors that the company is up for sale, but admitted 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 listed for sale, it has received interest from multiple parties for strategic investment. Earlier reports suggested that crypto exchange Kraken was considering acquiring Deribit, but did not make a formal offer. According to reports, Deribit could be valued at $4 billion to $5 billion or higher.
Ace Hot Topic Analysis
Analysis
Deribit CEO Luuk Strijers has denied recent rumors of the company being acquired. He confirmed that Deribit has indeed received interest from multiple parties for strategic investment, and has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions. While Deribit is not for sale, Strijers said the company regularly receives strategic investment consultations. Earlier, there were reports that cryptocurrency exchange Kraken had considered acquiring Deribit but did not make a formal offer. Deribit's valuation is reportedly between $4 billion and $5 billion or higher. Currently, the bull market in the cryptocurrency market is driving up M&A activity in the industry, including Moonpay and Chainalysis which have announced 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 significant interest from strategic investors.
Deribit has hired FT Partners as an advisor to evaluate strategic investment opportunities and potential secondary market equity transactions.
The crypto market's bull run is driving up M&A activity in the industry.
Deribit could be valued at $4 billion to $5 billion or higher.