The calendar has the merger set for September 9, and only three days remain. A certain U.S. compliant trading platform and Deribit plan to bring spot, perpetuals, options, and futures into one system. The official launch notice has not yet been issued, so treat this as unconfirmed information for now.
The aim of this move is to become an institutional derivatives gateway. The platform’s latest institutional report just described Bitcoin as shifting "from correction to accumulation"; according to market chatter, it also delisted the SAND perpetual contract, as if clearing the stage — this too has not been officially confirmed.
Derivatives are a double-edged sword, and market-making flows can also amplify short-term volatility. When COIN’s revenue focus shifts from spot trading fees to options clearing, will the market still give it the valuation it has now?
The aim of this move is to become an institutional derivatives gateway. The platform’s latest institutional report just described Bitcoin as shifting "from correction to accumulation"; according to market chatter, it also delisted the SAND perpetual contract, as if clearing the stage — this too has not been officially confirmed.
Derivatives are a double-edged sword, and market-making flows can also amplify short-term volatility. When COIN’s revenue focus shifts from spot trading fees to options clearing, will the market still give it the valuation it has now?