PANews May 15 news, according to Bloomberg, Brian Armstrong, CEO of Coinbase Global Inc., said on Bloomberg TV on Wednesday that the company continues to pay attention to M&A opportunities after reaching an agreement to acquire derivatives exchange Deribit for US$2.9 billion earlier this month. He pointed out that the company has a strong balance sheet and as a listed company has liquidity available for mergers and acquisitions, but will choose carefully and seek the right time to make a move. Armstrong specifically mentioned that the company pays special attention to the international market, targeting those companies that have similar ideas and can promote Coinbase product development and growth. When asked whether Coinbase would consider acquiring stablecoin issuer Circle (Coinbase has previously reached a revenue sharing agreement with Circle), he responded that "there is no relevant news to announce today."
Coinbase CEO: Plans to make more acquisitions after acquiring Deribit
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