Coinbase預先討論購買deribit

輸入：Coinbase是提前討論的討論，以購買Deribit，這是加密衍生品交易的頂級平台。彭博社的報告表明，交易價值在4至50億美元之間

Coinbase is in advanced discussions to buy Deribit, a top platform for crypto derivatives trading, according to reports from Bloomberg. The report claims that a deal has been discussed for several months and values Deribit at about $4 billion to $5 billion.

根據彭博社的報導，Coinbase正在進行高級討論，這是Crypto衍生品交易的頂級平台。該報告聲稱，已經討論了幾個月的交易，價值約為40億至50億美元。

Coinbase is aiming to broaden its derivative offerings, which currently lag compared to its competitors. Deribit is specialized in Bitcoin and Ethereum options trading, making it a highly influential derivative actor.

Coinbase的目標是擴大其衍生產品，該產品目前與競爭對手相比滯後。 Deribit專門從事比特幣和以太坊期權交易，使其成為具有影響力的衍生演員。

Deribit’s trading volumes reached $1.2 trillion in 2024, highlighting the significant market share it holds. This deal could make Coinbase a leading power in crypto derivatives, an industry that has seen remarkable expansion lately. Derivatives trading is becoming increasingly popular among both institutional and retail investors.

Deribit的交易量在2024年達到1.2萬億美元，強調了其占有的大量市場份額。這項交易可能使Coinbase成為加密衍生品的領先力量，該行業最近在這個行業中取得了顯著擴展。在機構和零售投資者中，衍生品交易越來越流行。

Coinbase’s Derivatives Push

Coinbase的衍生工具推動

This action aligns with Coinbase’s wider growth plan, where the company aims to strengthen its position in global derivatives. Crypto futures and options are becoming more popular.

該行動與Coinbase的更廣泛的增長計劃相吻合，該計劃旨在加強其在全球衍生品中的地位。加密期貨和選擇變得越來越流行。

Buying Deribit would let Coinbase grow its market share and attract large institutional investors. Deribit’s trading volumes reached $1.2 trillion in 2024; therefore, this deal could make Coinbase a leading power in crypto derivatives.

購買deribit將使Coinbase增加其市場份額並吸引大型機構投資者。 Deribit的交易量在2024年達到1.2萬億美元；因此，這項交易可能使共同基礎成為加密衍生品的領先力量。

Strengthening Coinbase’s Derivatives Business

加強Coinbase的衍生工具業務

Deribit specializes in Bitcoin and Ethereum options trading, making it a highly influential derivative actor. Coinbase has focused mainly on crypto futures trading. Integrating Deribit’s options expertise would vary its derivatives portfolio and improve its competition with global exchanges. Demand is rising for crypto derivatives, and both institutional and retail investors are driving this trend; this acquisition is, therefore, timely and strategic.

Deribit專門從事比特幣和以太坊期權交易，使其成為具有影響力的衍生演員。 Coinbase主要關注加密期貨交易。整合Deribit的期權專業知識將改變其衍生產品組合併改善與全球交流的競爭。加密衍生品的需求正在增加，機構和散戶投資者都在推動這一趨勢。因此，此次收購是及時且戰略性的。

Coinbase is in advanced discussions to acquire crypto derivatives exchange Deribithttps://t.co/aA9vmoEybb

Coinbase正在進行高級討論，以獲取加密衍生品交換deribithtps：//t.co/aa9vmoeybb

Derivatives trading has seen remarkable expansion lately, and Coinbase reported a huge 10,950% rise in its derivatives volume in 2024. Adding Deribit would allow Coinbase to capture even more of this market, which is growing at a rapid pace. Coinbase could offer a wider array of products to traders. This might also boost innovation in crypto derivatives, giving Coinbase an advantage over rivals.

衍生品交易最近發生了顯著的擴張，Coinbase在2024年報告其衍生品數量增長了10,950％。加上Deribit將使Coinbase能夠捕獲更多的市場，該市場正在快速增長。 Coinbase可以為交易者提供更多產品。這也可能促進加密衍生品的創新，從而使Coinbase優於競爭對手。

Expanding into the Middle East Market

擴展到中東市場

For Coinbase, a key part of this deal involves moving into the Middle East. This region is increasingly recognized for its growing interest in crypto investment. Notably, Dubai has become a major center for cryptocurrency operations; its welcoming regulations also attract blockchain businesses.

對於Coinbase而言，這筆交易的關鍵部分涉及進入中東。該地區因對加密投資的興趣日益增長而受到認可。值得注意的是，迪拜已成為加密貨幣運營的主要中心。它的歡迎法規還吸引了區塊鏈業務。

Acquiring Deribit would mean Coinbase inherits its operational permit for Dubai. Having this permit would enable Coinbase to build a stronger regional presence in a region now highly attractive to global crypto firms.

獲取deribit將意味著共同基礎繼承了其對迪拜的運營許可。擁有此許可證將使Coinbase能夠在現在對全球加密貨幣公司高度吸引力的地區建立更強大的區域業務。

Amid tighter regulatory checks in both the U.S. and Europe, numerous crypto companies are exploring expansion into areas featuring clearer, more business-oriented rules. Coinbase’s move into Dubai fits into this wider trend in the industry. Exchanges such as Binance and Kraken have also actively pursued licenses in the Middle East.

在美國和歐洲進行更嚴格的監管檢查中，許多加密公司正在探索擴展到具有更清晰，更面向業務的規則的領域。 Coinbase進入迪拜，這符合該行業的這一更廣泛的趨勢。 Binance和Kraken等交流也在中東積極尋求許可。

Therefore, this deal might establish a pattern for further expansion: Crypto firms based in the U.S. may increasingly look towards emerging regions that are friendlier to crypto.

因此，這項交易可能會建立進一步擴展的模式：總部位於美國的加密公司可能會越來越多地看待與加密更友好的新興地區。

The Impact on Institutional and Retail Investors

對機構和散戶投資者的影響

Institutional investors are a key driver of rising crypto derivatives demand, and purchasing Deribit would boost Coinbase’s ability to serve these clients. Derivatives give traders ways to manage risks and allow position leveraging. By adding Deribit’s offerings, Coinbase could offer more advanced trading tools, which could attract hedge funds and large investors to its platform.

機構投資者是加密衍生品需求不斷上升的主要驅動力，購買deribit將提高Coinbase為這些客戶提供服務的能力。衍生產品為交易者提供了管理風險和允許槓杆位置的方法。通過添加Deribit的產品，Coinbase可以提供更高級的交易工具，這可以吸引對沖基金和大型投資者進入其平台。

Retail investors could also benefit from this deal since Coinbase’s easy-to-use platform would simplify complex derivative products. This democratization of crypto derivatives might increase retail participation, further boosting liquidity and trading volumes on the platform. The Coinbase Deribit purchase may also lead to new trading products for retail investors, broadening the accessibility of crypto derivatives.

散戶投資者也可以從這筆交易中受益，因為Coinbase的易於使用的平台將簡化複雜的衍生產品。加密衍生品的民主化可能會增加零售參與，進一步提高平台上的流動性和交易量。 Coinbase Deribit購買也可能導致散戶投資者的新貿易產品，從而擴大了加密衍生品的可訪問性。

A Strategic Leap for Coinbase

Coinbase的戰略飛躍

If completed, the Coinbase Deribit purchase would be a major step for the exchange, positioning it as a leading force in global derivatives. This action might also start a trend of similar purchases in the sector as competitors may try to improve their own derivatives products. For instance, Kraken’s recent $1.5 billion purchase of NinjaTrader shows increasing competition in derivatives.

如果完成，Coinbase Deribit購買將是交易所的主要步驟，將其定位為全球衍生工具的主要力量。該行動還可能開始在該行業購買類似購買的趨勢，因為競爭對手可能會嘗試改善自己的衍生產品產品。例如，克雷肯（Kraken）最近購買的15億美元購買了忍者，這表明衍生品的競爭日益增加。

This deal would strengthen Coinbase’s growth plan and signal an industry shift towards more complex financial products. Crypto derivatives are gaining wider acceptance. Coinbase’s expansion into this area could attract more institutional funds and strengthen its long-term market position. While regulatory discussions are ongoing, the coming months will show if this major purchase is finalized.

這項交易將加強Coinbase的增長計劃，並表示行業轉向更複雜的金融產品。加密衍生品正在獲得更廣泛的接受。 Coinbase向這一領域的擴張可以吸引更多的機構資金並加強其長期市場地位。儘管正在進行監管討論，但未來幾個月將表明該重大購買是否已完成。