Crypto alternate Coinbase closed the acquisition of Deribit, the world’s largest crypto choices buying and selling platform by quantity, including to its portfolio of digital asset companies.Buying and selling volumes on Deribit topped $1 trillion in 2024, and the platform has a “loyal base” of institutional and complex merchants, Coinbase stated on Thursday.Coinbase agreed to accumulate Deribit for $2.9 billion in Could as a part of its worldwide growth technique.The alternate continues to department out and serve totally different segments inside crypto, and provides a perpetual futures platform, a chief brokerage, a spot retail buying and selling platform, institutional lending companies and asset custody for purchasers in an try and grow to be a one-stop store for crypto.Coinbase’s inventory fell by about 2.5% throughout intraday buying and selling following the official closing of the Deribit deal. Supply: Yahoo FinanceRelated: Bullish inventory surges 218% in NYSE debut as crypto enters Wall Road limelightCoinbase acquires 5 companies thus far in 2025 Coinbase has acquired 5 corporations and initiatives thus far in 2025, together with Deribit, as the corporate expands and diversifies its companies.The corporate introduced the acquisition of Spindle, a blockchain-based promoting platform that helps content material creators enhance their on-line visibility, in January.The identical month, the alternate acquired the group behind Roam, a blockchain-based on-line browser. Coinbase acquired the Liquifi platform in July. Liquifi is an organization targeted on managing early-stage token startups.Different crypto exchanges, brokerages department out to adjoining businessesMajor crypto exchanges proceed to department out into adjoining companies by providing digital asset companies to totally different goal markets inside crypto.Kraken introduced the debut of tokenized inventory buying and selling for non-US residents in Could, increasing into the tokenized securities market.The alternate additionally provides crypto futures buying and selling, asset custody, staking, and over-the-counter companies for institutional purchasers.Robinhood’s inventory has been in an uptrend since April. Supply: Yahoo FinanceBrokerage platform Robinhood provides mixed-asset buying and selling companies to purchasers, blurring the road between conventional monetary companies and digital finance.The corporate introduced a layer-2 blockchain for tokenized inventory buying and selling in June for purchasers within the European area.Binance, the world’s largest alternate by buying and selling quantity, additionally provides a collection of retail and institutional companies, together with choices, futures buying and selling and token launch platforms.The alternate has been steadily buying crypto pockets suppliers, blockchain growth groups, different crypto exchanges and analytics platforms since 2018.Journal: Deposit danger: What do crypto exchanges actually do together with your cash?