Crypto derivatives platform Deribit, has received potential acquisition interest, Bloomberg said on Wednesday, citing sources.
The report added that the company is working with Financial Technology Partners to review opportunities.
Deribit CEO Luuk Strijers told CoinDesk that the options platform had appointed FT Partners as an advisor for general and potential secondary advisory services in 2023.
“The interest in Deribit is due in part to the fact that we have continued to be the market leading exchange for digital asset options trading,” said Strijers.
“In short, Deribit has not been put up for sale. At the time, we have received interest in strategic investments from a variety of parties, which we have not disclosed,” added Strijers.
The company may be valued at $4 billion – $5 billion or more, the report said, citing a person with knowledge of the matter. The report also added that the crypto exchange Kraken had reviewed the purchase of Deribit, but did not proceed with an offer.
Kraken did not immediately respond to CoinDesk’s request for comment.
The current bull run in the crypto market seems to have renewed M&A activity with major players such as Moonpay and Chainalysis have announced two major acquisitions this week.
