TechFlow news, according to CoinDesk, citing sources, talks between cryptocurrency options exchange Deribit and Kraken are still ongoing, refuting earlier rumors that Kraken had withdrawn from the acquisition. Bloomberg reported that Deribit's valuation could reach $4–5 billion or higher.
Another source indicated that U.S.-listed exchange Coinbase is also evaluating the possibility of acquiring Deribit. Notably, while reports suggested Deribit was working with FT Partners to assess acquisition offers, Deribit CEO Luuk Strijers denied the claims of being acquired. Currently, neither Kraken nor Deribit has issued any official comment on the acquisition speculation.
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