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The United States crypto exchange firm pushed for buying out FTX Europe.
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Coinbase is bullish on expanding crypto derivative offerings.
A recent report found that Coinbase was in quest of acquiring one of the most profitable and successful subsidiaries of now-bankrupt FTX, “FTX Europe”. The leading crypto exchange was said to be after the European subsidiary of FTX seeking the derivatives offerings’ expansion to Europe.
Fortune reported that Coinbase is eying the derivatives since the spot trading options are losing their charm. Given the past months of the bear market, the spot trading volumes have suffered a great deal. The leading crypto exchange firm was considering adding FTX Europe and bolstering its global business plans to include derivatives offerings.
Coinbase was not alone in looking for the expansion with derivatives. The popularity and increasing trading volume make it a lucrative option for crypto firms to add as offerings. S
We współpracy z: https://www.thecoinrepublic.com/2023/09/23/coinbase-sought-ftx-europe-purchase-for-derivatives-offerings/
