Coinbase has completed its acquisition of Deribit, a top crypto options trading platform with approximately $59 billion in open interest and a record $185 billion in monthly trading volume in July. Deribit recorded over $1 trillion in trading volume last year, making it a dominant player in the crypto derivatives market. This acquisition enables Coinbase to offer comprehensive trading across spot, futures, perpetual contracts, and options, strengthening its position as a global leader in crypto derivatives.

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