Deribit, a Bitcoin and Ethereum options trading platform, is attracting interest from potential acquirers, with a valuation possibly reaching $5 billion. The company is collaborating with Financial Technology Partners LLC to explore these opportunities. Although Kraken showed interest, it did not proceed with an acquisition. Deribit has received several strategic investment proposals but is not officially for sale. The platform's trading volume nearly doubled last year to $1.2 trillion, with options trading volume increasing by 99% to $743 billion. Institutional clients are served by Deribit FZE in Dubai, while retail clients are managed by its Panama entity. Founded in 2016, Deribit is headquartered in the Netherlands.

PANews reported on January 15 that according to Bloomberg, Bitcoin and Ethereum options trading platform Deribit has attracted the interest of potential acquirers and is working with financial advisor Financial Technology Partners LLC to evaluate related opportunities. Sources revealed that Deribit may be valued at between $4 billion and $5 billion, although Kraken considered acquiring it but did not advance the transaction.
 Deribit said in a statement that it was not officially listed for sale, but confirmed that it had received multiple strategic investment proposals. The platform's total trading volume almost doubled last year to $1.2 trillion, of which options notional trading volume increased by 99% to $743 billion.
 Deribit’s current institutional clients are directly served by Deribit FZE, based in Dubai, while retail clients are supported by its Panama entity, whose parent company is based in the Netherlands. Deribit was founded in 2016 and is headquartered in the Netherlands.

Deribit Attracts Acquisition Interest, Valuation May Hit $5 Billion