According to CoinDesk, citing people familiar with the matter, crypto options exchange Deribit is still in acquisition talks with Kraken, despite previous reports that Kraken has abandoned the acquisition. Deribit is currently evaluating potential takeover offers with FT Partners, which could be valued at US$4 billion to US$5 billion or more. Another source said that U.S. listed exchange Coinbase is also evaluating the possibility of Deribit’s acquisition. Deribit, as the main platform for the digital asset options market, is attractive to Kraken or may become part of the expansion of its trading business. Kraken and Deribit declined to comment, and Coinbase has not responded at this time.
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