Cryptocurrency options exchange Deribit is reportedly still in talks with Kraken for a potential acquisition, despite earlier reports suggesting that Kraken had walked away from the deal. Deribit is also said to be working with FT Partners to assess takeover bids, but CEO Luuk Strijers has denied any takeover situation. The exchange could be valued between $4 billion and $5 billion, according to Bloomberg. Another source revealed that Coinbase has also shown interest in acquiring Deribit, which is considered an attractive target due to its dominant position in the digital asset options trading market. Kraken, Deribit, and Coinbase have declined to comment on the matter.



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