Coinbase's $2.9B Deribit Deal a 'Legitimate Threat' for Peers, Wall Street Analysts Say

Coinbase's (COIN) $2.9 cardinal acquisition of Deribit volition beryllium a tipping constituent for the company, pushing the U.S.-based speech into nonstop contention with planetary heavyweights similar Binance, Wall Street analysts wrote connected Thursday.
The monolithic woody is much than conscionable a level expansion;…

This communicative appeared connected coindesk.com, 2025-05-08 20:13:38.