Deribit 是比特币和以太坊期权的领先平台，正在评估战略机会，包括潜在的出售

该平台估值在 40 亿至 50 亿美元之间，已与 Financial Technology Partners (FT Partners) 合作探索收购要约。

Cryptocurrency exchange Deribit is exploring a potential sale that could value the platform at $4 billion to $5 billion, according to a Bloomberg report.

据彭博社报道，加密货币交易所 Deribit 正在探索一项潜在的出售交易，该平台的估值可能达到 40 亿至 50 亿美元。

The report, citing people familiar with the matter, said Deribit has enlisted Financial Technology Partners (FT Partners) to help evaluate strategic options, including a sale.

该报道援引知情人士的话称，Deribit 已聘请 Financial Technology Partners (FT Partners) 帮助评估战略选择，包括出售。

The exchange is said to have initially worked with FT Partners on secondary stock sales, but those discussions have since expanded to include full acquisition bids.

据称，该交易所最初与 FT Partners 就二级股票销售事宜进行了合作，但后来这些讨论已扩大到包括全面收购要约。

Deribit, known for its Bitcoin and Ethereum options trading, is said to have processed a record $1.2 trillion in trading volume in 2024.

Deribit 以比特币和以太坊期权交易而闻名，据称 2024 年的交易量达到创纪录的 1.2 万亿美元。

The exchange, founded in 2016, saw its options trading volume double last year to reach $743 billion. This growth is attributed to rising institutional demand and market volatility.

该交易所成立于 2016 年，去年期权交易量翻了一番，达到 7,430 亿美元。这种增长归因于机构需求的增加和市场波动。

However, Deribit told CoinDesk that no formal sale process has begun and that the company is open to strategic investment.

然而，Deribit 告诉 CoinDesk，正式的出售流程尚未开始，该公司对战略投资持开放态度。

The news of Deribit’s potential sale comes amid a surge in merger and acquisition (M&A) activity within the crypto sector.

Deribit 可能出售的消息传出之际，加密行业内的并购活动激增。

During Q4 2024, industry-wide M&A deals reached $1.2 billion, tripling year-over-year. Some notable transactions include Robinhood’s $200 million acquisition of Bitstamp and Crypto.com’s buyout of Watchdog Capital to expand into equities trading.

2024 年第四季度，全行业并购交易额达到 12 亿美元，同比增长两倍。一些著名的交易包括 Robinhood 以 2 亿美元收购 Bitstamp 以及 Crypto.com 收购 Watchdog Capital 以进军股票交易。

These deals also coincide with the broader optimism surrounding crypto-friendly policies under President Donald Trump’s administration.

这些交易也与唐纳德·特朗普总统政府对加密货币友好政策的更广泛乐观情绪相吻合。

Analysts are speculating that the incoming administration could further drive M&A growth by easing regulatory constraints, which could benefit Deribit given its status as a crypto derivatives exchange.

分析师猜测，即将上任的政府可能会通过放松监管限制来进一步推动并购增长，鉴于 Deribit 作为加密货币衍生品交易所的地位，这可能会让 Deribit 受益。

The Trump administration has signaled its support for blockchain innovation, with Bitwise CEO Hunter Horsley expressing optimism that new policies could “unfreeze” the M&A landscape, allowing large corporations to expand their market control.

特朗普政府已表示支持区块链创新，Bitwise 首席执行官 Hunter Horsley 乐观地表示，新政策可能“解冻”并购格局，允许大公司扩大市场控制力。

Deribit, for its part, has been adapting to regulatory challenges by restructuring its operations.

Deribit 则一直在通过重组业务来适应监管挑战。

The exchange launched Deribit FZE in Dubai to cater to institutional clients while maintaining its Panamanian base for retail investors.

该交易所在迪拜推出了 Deribit FZE，以满足机构客户的需求，同时维持其在巴拿马的散户投资者基础。

Whether through a sale or continued independent operation, Deribit’s role in the crypto derivatives market is likely to remain significant.

无论是通过出售还是继续独立运营，Deribit 在加密货币衍生品市场中的作用可能仍然很重要。