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Posted by
Two Blokes May 9 -
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Stock
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Coinbase Global Inc (NASDAQ:COIN) is set to acquire Deribit, a crypto derivatives exchange based in Dubai, for $2.9 billion in a move that will significantly boost its international presence and place it in direct competition with global heavyweight Binance. The deal, announced Thursday, includes $700mn in cash and 11mn Coinbase class A shares.
