Deribit does not give up in the face of reduced market volatility and announces an ambitious plan for the beginning of the new year. Starting in January, the platform will introduce options for three altcoins: SOL (Solana), XRP (Ripple Labs) and MATIC (Polygon) 🚀 Despite the decline in crypto derivatives trading volumes (from $2 trillion at the beginning of the year to $1.5 trillion in September), Luke Stryers, commercial director of the company, optimistic about the future.

Striers expects volatility to increase by January as new products launch. The market is awaiting a potential boost, especially with the advent of Ether futures and US regulatory approval of a Bitcoin spot ETF 🌊

Deribit, registered in Panama, is known for options on Bitcoin, Ethereum and USD Coin. As part of its global strategy, the company obtains a brokerage license in the EU and plans to move to Dubai due to favorable crypto regulations. Internally, Deribit continues to grow, with plans to add 12 more to the current 115 employees.