Coinbase Discloses Post-Acquisition Integration Progress for Deribit: Over 100 USDC Settlement Contracts Launched

Coinbase Chief Business Officer Shan Aggarwal posted to detail the integration progress following the acquisition of crypto options trading platform Deribit, stating that the joint integration efforts are "proceeding well overall." To date, multiple milestones have been achieved, including: the launch of over 100 new USDC-settled contracts across five market sectors, covering pre-IPO perpetuals, marking the largest expansion of perpetual contracts in Deribit's history; the first-time listing of equities and ETFs for trading as perpetual contracts; the introduction of a new matching engine to upgrade core trading infrastructure, enabling faster and more stable execution under high volumes while preserving the existing user experience; and the integration of Coinbase spot liquidity into Deribit spot trading. Shan Aggarwal added that significant work remains ahead in the platform integration process, with additional phased milestones to be announced subsequently.