Odaily Planet Daily News: A person familiar with the matter said that cryptocurrency options exchange Deribit is still in talks with Kraken about a potential acquisition, contrary to previous reports that the US exchange has abandoned a potential deal to acquire Deribit. Recent reports also confirmed that the crypto options platform is working with FT Partners to evaluate acquisition offers, but Deribit CEO Luuk Strijers ruled out the possibility of an acquisition. According to Bloomberg, the company's valuation could reach $4 billion to $5 billion or even higher.
Another source said that Coinbase has also been trying to acquire Deribit. Strijers said in a previous report that Deribit is an attractive acquisition target because it is a market-leading exchange in the field of digital asset options trading, and Kraken hopes to add it to its trading products. (Coindesk)