News Explorer — Deribit Acquired by Coinbase for $2.9 Billion in Cash and Stock, As Reported by WSJ

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Deribit Acquired by Coinbase for $2.9 Billion in Cash and Stock, As Reported by WSJ

The acquisition of Deribit by Coinbase was announced without disclosing the deal's value, but executives later revealed it to be $2.9 billion, including cash and stock. This breaking news story was reported by The Wall Street Journal and edited by Stacy Elliott.