Locked and Loaded: Coinbase’s War Chest Remains Intact
While $2.9 billion is no small bet, Coinbase has the dry powder to keep going. As of December 31, it reported $8.5 billion in cash reserves—plenty of firepower to pursue further acquisitions and product expansions.
In the grand arena of digital finance, Coinbase’s acquisition of Deribit is more than just a deal—it’s a declaration. A move designed to shake the foundations of crypto’s global order and rewrite who leads in the era of tokenized finance.
