Deribit сonsiders strategic investments amid $1.2 trillion 2024 trading boom
Deribit valued at $4–5B
Deribit, a leading options trading platform, is collaborating with FT Partners to explore potential strategic partnerships and attract investments.
According to Bloomberg, FT Partners, initially hired by Deribit in early 2023 to facilitate secondary stock sales, has expanded its role to evaluate full firm acquisition proposals.
While Deribit is not officially up for sale, the company acknowledged receiving interest from strategic investors."Over time, we have received interest in strategic investments from various parties, but we will not disclose specifics," Deribit stated.
Interest in the crypto options platform has surged due to its rapid growth in trading activity, with Deribit nearly doubling its total trading volume to $1.2 trillion in 2024.This year, Deribit began directly serving institutional clients through its Dubai-based entity, Deribit FZE, while its Panamanian subsidiary continues to handle retail operations.
As of January 13, Deribit recorded over $26 billion in monthly trading volume for Bitcoin (BTC) and Ethereum (ETH) options contracts, according to CoinGlass.
Crypto M&A boom
The crypto sector has seen a significant rise in mergers and acquisitions (M&A) activity. According to Architect Partners, M&A deal volume in Q4 2024 increased to $1.2 billion, up from $400 million during the same period the previous year.
Recent deals include crypto broker FalconX acquiring derivatives startup Arbelos Markets, as well as acquisitions by MoonPay and Chainalysis.
Bloomberg sources estimate Deribit's valuation at $4–5 billion. Reports also suggest that crypto exchange Kraken explored acquiring Deribit but ultimately decided against the purchase.
As we wrote, Bitcoin futures contracts on the trading platform Deribit have reached the historic milestone of $100,000, trading at a premium to the spot price.
