Luuk Strijers, the CEO of Deribit, confirmed that the company is evaluating strategic investment opportunities and has hired FT Partners as an advisor, but denied rumors that the company is for sale. Despite reports that Kraken had considered acquiring Deribit, no formal offer was made. Deribit’s valuation is reportedly between 4 billion and 5 billion USD or higher. Currently, the bull market in the cryptocurrency space is driving M&A activity within the industry, including two significant acquisitions announced this week by Moonpay and Chainalysis.

PANews reported on January 15 that according to CoinDesk, Luuk Strijers, CEO of crypto derivatives trading platform Deribit, confirmed that the company has hired FT Partners as a consultant to evaluate strategic investment opportunities and potential secondary market equity transactions. He emphasized that Deribit is not listed for sale, but has received strategic investment interest from multiple parties.
 Earlier, there were reports that the crypto exchange Kraken had considered acquiring Deribit but did not make a formal offer. Deribit was reportedly valued at $4 billion to $5 billion or more .
 Currently, the bull market in the crypto market is driving merger and acquisition activities in the industry, including Moonpay and Chainalysis, which announced two major acquisitions this week.

Deribit confirms strategic investment interest, denies sale rumors