Coinbase News: Potential Acquisition of Deribit Amid Thriving Crypto Market

In the ever-evolving world of cryptocurrency, a significant development is unfolding as Coinbase, a prominent U.S. exchange, engages in advanced talks to acquire Deribit, a leading global derivatives exchange. This potential acquisition comes amidst a thriving crypto market, fueled by a relaxed regulatory approach under the Trump administration.

Coinbase in Talks to Acquire Deribit As Crypto Market Thrives

The crypto industry is showing strong enthusiasm due to the relaxed regulatory approach by the Trump administration. Notably, Coinbase, a leading U.S. exchange, is in advanced talks to acquire Deribit, a major global derivatives exchange. The companies have already informed Dubai regulators about the ongoing discussions. If Coinbase successfully acquires Deribit, it would take over Deribit’s operating license. While talks are still happening, no deal has been finalized yet. Earlier this year, Deribit’s value was estimated between $4 billion and $5 billion.

Coinbase Achieves High Uptime as Centralization Concerns Arise

Coinbase has emerged as the top Ethereum validator, controlling 11.42% of all staked ETH as of March 2025, equivalent to 3.84 million ETH valued at $6.8 billion. The crypto exchange runs 120,000 validators, making it the largest single node operator on the network. This concentrated grip has raised decentralization concerns as Ethereum aims to spread power wider through proof-of-stake. In comparison, Lido, the biggest collective staking outfit, holds 27.3% of staked ETH but splits it across multiple operators. Some Twitter users have expressed the need for more distributed validation.