🚨@coinbase is buying crypto derivatives giant @DeribitOfficial for 2.9 billion. A major move to dominate bitcoin options trading!💰 - Deal could be one of the largest in crypto history, valuing Deribit up to 5B. - Deribit controls 85% of bitcoin options trading with 1.2T in 2024 volume. - Regulatory approval in Dubai is pending, but the acquisition would expand Coinbase's derivatives reach.