Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit

The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit. In a statement, Coinbase says the deal costs approximately $2.9 billion, which includes $700 million in cash and 11 million shares of its Class A common stock subject to purchase price adjustments. “This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives… It’s foundational to our vision of creating the most comprehensive, compliant, and user-friendly derivatives platform globally.” Deribit is the…

Coinbase to acquire options trading platform Deribit for $2.9B

Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global has agreed to acquire Deribit for approximately $2.9 billion, the exchange officially announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement. “With Deribit’s strong presence and professional client base, Coinbase is making its most substantial move…

Tether adds Chainalysis tokenization platform for compliance, monitoring

Tether, the issuer of the world’s largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the company’s compliance and monitoring tools onto Tether’s tokenization platform. The move comes amid expanding oversight across the crypto industry. Launched in November 2024, the Hadron by Tether platform is designed for institutions, corporations and governments, entities that may be interested in tokenizing real-world assets ranging from financial instruments and real estate to debt and commodities. The months following the launch have seen increased adoption of real-world asset…

Pepeto to Launch on Exchange Following Presale Wrap-Up and Platform Milestones

May 5th, 2025 – Dubai, Emirates Pepeto, a project often referred to as the “God of Frogs,” is positioning itself as more than just another meme coin. While many meme tokens rely solely on hype and short-term trading, Pepeto is focused on building a long-term ecosystem that delivers real utility. While many meme coins center around short-term trading and community hype, Pepeto emphasizes infrastructure that may offer more sustained utility. The project aims to provide foundational support for emerging tokens in the meme coin category, helping to advance use cases…

Tether’s upcoming AI platform set to integrate Bitcoin and USDT payments

Tether’s upcoming AI platform will support crypto payments, including Bitcoin and its own stablecoin, USDT, according to the company’s CEO Paolo Ardoino. In his recent post on X, Tether’s CEO Paolo Ardoino shared a fresh update on the upcoming Tether AI platform, announcing that users will be able to transact using Bitcoin (BTC) and Tether (USDT) through the platform’s peer-to-peer network. Crypto payments on Tether AI will be enabled through the company’s wallet development kit — a toolkit that allows developers to create mobile, desktop, and web wallets where users…

Tether AI platform to support Bitcoin and USDT payments, CEO says

Tether AI, the upcoming artificial intelligence platform from the stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5 to tease the soon-to-come launch of Tether AI, the company’s new AI platform designed to offer “personal infinite intelligence.” According to Ardoino, Tether’s AI platform will be integrated with USDt (USDT) and Bitcoin (BTC) payments, allowing users to make transactions directly through a peer-to-peer (P2P) network. Source: Paolo Ardoino The initiative builds on Tether’s December 2024 announcement that…

Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform. According to a May 1 Bloomberg report, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms to power the service. Internal discussions about cryptocurrency support reportedly began in late 2024. E*Trade homepage. Source: E*Trade This would not be Morgan Stanley’s first exposure to digital assets. The bank’s wealthiest clients have had…

FIFA Moves NFT Platform to New EVM-Compatible Blockchain

Key Notes FIFA is migrating its NFT platform to an EVM-compatible blockchain for better performance and scalability. Migration is set to occur on or after May 20, 2025. FIFA Collect owners will need to re-import exported collectibles before the deadline. The Fédération Internationale de Football Association (FIFA) has announced plans to launch a new blockchain platform for its non-fungible token (NFT) collectibles and fan experiences. The new platform, FIFA Blockchain, will be EVM-compatible and is expected to offer enhanced performance, future features, and improved scalability. In the announcement made on…

FIFA shifts NFT platform to new Ethereum-compatible blockchain

The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30. FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.” As part of the move, FIFA Collect — its official NFT collection — will migrate from the Algorand blockchain to the new FIFA Blockchain. The migration is scheduled to begin no earlier than May 20, FIFA said. FIFA announces new…