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Coinbase(COIN.US) 10% Shareholder Sells US$5.01 Million in Common Stock
The largest transaction in cryptocurrency history, Coinbase acquired Deribit for 2.9 billion USD, taking over the Global largest digital currency derivatives Exchange.
Coinbase believes that cryptocurrency Options are at a "significant expansion tipping point," similar to the boom of Stocks Options in the 1990s. Analysis states that as Institutions increase their adoption rate of digital Assets, this Trade will allow Coinbase to immediately gain a dominant position in the high-growth derivatives sector.
Compared to Estimates, Coinbase Global (COIN) Q1 Earnings: A Look at Key Metrics
