Crypto derivatives platform Deribit, has obtained potential acquisition curiosity, Bloomberg reported on Wednesday, citing sources.
The report added that the agency is working with Monetary Know-how Companions to overview the alternatives.
Deribit CEO Luuk Strijers advised CoinDesk that the choices platform had appointed FT Companions as an advisor for common advisory companies and potential secondaries, again in 2023.
“The curiosity in Deribit is due partially to the truth that now we have continued to be the overwhelming market-leading alternate for digital asset choices buying and selling,” Strijers mentioned.
“In brief, Deribit has not been put up on the market. Over time, now we have obtained curiosity in strategic investments from a wide range of events, which we is not going to disclose,” Strijers added.
The agency might valued at $4 billion- $5 billion or extra, the report mentioned, citing an individual with information of the matter. The report additionally added that crypto alternate Kraken had reviewed shopping for Deribit, however didn’t proceed with a suggestion.
Kraken didn’t instantly reply to CoinDesk’s request for remark.
The present bull run within the crypto market appears to have reignited M&A exercise with main gamers like Moonpay and Chainalysis having introduced two giant acquisitions this week.