M&A Deal Summary

Coinbase Acquires Deribit

On May 8, 2025, Coinbase acquired internet software and services company Deribit

Acquisition Highlights
  • This is Coinbase’s 9th transaction in the Internet Software and Services sector.
  • This is Coinbase’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2025-05-08
Target Deribit
Sector Internet Software and Services
Buyer(s) Coinbase
Deal Type Add-on Acquisition

Target

Deribit

Dubai, United Arab Emirates
Deribit is an institutional-grade cryptocurrency derivatives platform that creates an efficient and fair marketplace to connect traders of all backgrounds and trading styles. Deribit is based in Dubai.

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Buyer(S) 1

Buyer

Coinbase

Wilmington, Delaware, United States

Category Company
Founded 2012
Sector Internet Software and Services
Employees3,772
Revenue 6.6B USD (2024)
DESCRIPTION

Coinbase is a provider of cryptocurrency wallets as well as access to cryptocurrency markets. The Company allows users to purchase Bitcoin currency and use it to purchase goods and services. Coinbase was founded in 2012 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 12 of 14
Sector: Internet Software and Services M&A 9 of 9
Type: Add-on Acquisition M&A Deals 12 of 13
Country: United Arab Emirates M&A 1 of 1
Year: 2025 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-31 Spindl

San Francisco, California, United States

Spindl helps clients make intelligent business decisions in web3 using its attribution tooling. Spindl was formed in 2022 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-15 CoinDCX

Mumbai, India

CoinDCX is a crypto exchange in India and the Middle East that provides access to Web3 experiences and democratizes investments in virtual digital assets. CoinDCX was founded in 2018 and is based in Mumbai, India.

Buy -