Source: Deribit is still in talks with Kraken about acquisition, Coinbase is also a potential buyer

Odaily News Cryptocurrency options exchange Deribit is still in talks with Kraken about a potential acquisition, a person familiar with the matter said, contrary to earlier reports that the U.S. exchange had abandoned a potential deal to acquire Deribit. Recent reports also confirmed that the crypto options platform was working with FT Partners to evaluate a takeover offer, but Deribit CEO Luuk Strijers ruled out the possibility of a takeover. According to Bloomberg, the company could be valued at $4 billion to $5 billion or even more.
Another source said Coinbase has also been trying to acquire Deribit. Strijers said in a previous report that Deribit is an attractive acquisition target because it is a market-leading exchange in the field of digital asset options trading, and Kraken wants to add it to its trading products.