Deribit Crypto Exchange Is Valued At $400 Million

Deribit, the world’s largest bitcoin options exchange in terms of market share, is valued at over $400 million in total.

The market value of the Panama-based stock market has changed after the recent events in the sector.

Deribit, which has already received investment from QCP Capital, Akuna Capital and 10T Holdings, is under the last agreement. approximately $40 million more in funding took.

Deribit, after the collapse of Three Arrows Capital, which is now in the process of bankruptcy, a few months ago. negatively affected was among the names. Because Three Arrows Capital was unable to meet the margin call.

Deribit, this new funding build up your reserves will use for. However, the events with Three Arrows Capital, Deribit’s market value in a negative way Impressed.

Deribit received $100 million in funding in August last year, at a valuation of $2.1 billion had reached.

Deribit management, however, does not see the decline in the stock’s value as a cause for concern. According to the CCO of the exchange, Luuk Strijers, this is because this funding is already available to the exchange. from those who have invested to have been taken.

According to Strijers’ statements, Deribit’s real market value is received funding from a different investor than existing investors time will be understood.

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