Coinbase's Vice President of Institutional Product, Greg Tusar, highlighted that this acquisition will accelerate Coinbase's international growth and enhance its ability to compete with major global players like Binance by expanding offerings across spot, futures, perpetuals, and options trading. Deribit's founders, John and Marius Jansen, will step down post-acquisition, while the platform will continue operating under its brand and team until the deal's completion. The integration aims to improve onboarding efficiency, fiat payment options, and capital utilization for traders, further solidifying Coinbase's foothold in the fast-growing derivatives space. This acquisition comes amid favorable regulatory developments in the U.S. crypto sector and increasing institutional interest in digital asset derivatives, positioning Coinbase for significant growth in this segment.