#Deribit Denies Sale#
Hot Topic Overview
Overview
Crypto derivatives trading platform Deribit has recently been rumored to be acquired, but its CEO Luuk Strijers has denied the sale rumors. He said that Deribit has received strategic investment interest from multiple parties and has hired FT Partners as an advisor to assess investment opportunities, but the company is not for sale. Earlier, there were rumors that crypto exchange Kraken was considering acquiring Deribit, but did not make a formal offer. According to reports, Deribit's valuation may be between US$4 billion and US$5 billion or higher. Currently, the bull market in the crypto market is driving up M&A activity in the industry, and Deribit's strategic investment assessment also reflects this trend.
Ace Hot Topic Analysis
Analysis
Deribit CEO Luuk Strijers has denied rumors that the crypto derivatives trading platform is for sale, confirming that the company has hired FT Partners as an advisor to assess strategic investment opportunities and potential secondary market equity transactions. While Deribit is not currently for sale, it has indeed received interest from multiple parties for strategic investments. Earlier reports suggested 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 higher. Currently, the crypto market's bull run is driving up M&A activity within 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 yet listed for sale, but it 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.
Deribit has denied rumors of a Kraken acquisition, but has not explicitly denied other potential acquirers.
The cryptocurrency market bull run has fueled M&A activity in the industry, making Deribit a potential target.