Wu Blockchain (@WuBlockchain): Coinbase CEO Says More Deals Possible After $2.9 Billion Deribit Acquisition
Estimated coin impact
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- COIN+70Positive
Coinbase CEO Says More Deals Possible After $2.9 Billion Deribit Acquisition Coinbase CEO Brian Armstrong said the company will continue to look for acquisition opportunities after its $2.9 billion purchase of Deribit, with a focus on international targets that can accelerate product development and business growth. Armstrong said Coinbase has sufficient capital and the advantages of being a public company to pursue deals, but will remain selective rather than chasing every opportunity.