Deribit, a popular options trading platform, is reportedly exploring strategic opportunities with the help of FT Partners. It has seen a substantial increase in trading volume, reaching $1.2 trillion in 2024. Potential buyers, including Kraken, have shown interest in acquiring Deribit, with its valuation estimated at $4-5 billion. The surge in M&A activity in the crypto sector, with $1.2 billion in deals in Q4 2024, is attributed to a post-election rally and President-elect Donald Trump’s support for digital assets. Deribit is expected to play a key role in future crypto M&A developments.

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