Coinbase’s (COIN) $2.9 billion acquisition of Deribit will be a tipping point for the company, pushing the U.S.-based exchange into direct competition with global heavyweights like Binance, Wall Street analysts wrote on Thursday.
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The massive deal is more than just a platform expansion; it’s a paradigm shift for the exchange and trading industry. According to the analysts, the deal signals the start of a
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