
Coinbase CEO Brian Armstrong has publicly invited former staff of the Department of Government Efficiency (DOGE) to join the cryptocurrency exchange, signaling an interest in leveraging their expertise. This comes amid Coinbase's recent $2.9 billion acquisition of the derivatives exchange Deribit, a deal that positions Coinbase for its upcoming inclusion in the S&P 500 index. Armstrong emphasized that the company continues to pursue mergers and acquisitions, particularly those that support international expansion and product growth. Additionally, Coinbase is focusing on crypto-native solutions such as stablecoins, prioritizing blockchain-based innovations over traditional securities trading. Shan Aggarwal, Coinbase's Vice President of Corporate and Business Development, has discussed the strategic importance of the Deribit acquisition as part of the company's growth trajectory.
Coinbase CEO Brian Armstrong: “Stablecoins are a big, emerging activity for companies already.” 🚀 Coinbase is increasingly focusing on crypto-native solutions, prioritizing blockchain-based innovations over traditional securities trading, unlike many corporations.⛓️ https://t.co/Y2rQHf85eC
Coinbase continues to explore mergers and acquisitions after announcing a $2.9 billion agreement to acquire the derivatives exchange Deribit earlier this month, says CEO. $COIN #Coinbase #MergersAndAcquisitions
.@coinbase Chief Executive Officer @brian_armstrong said the largest US crypto exchange continues to look at mergers and acquisitions, following its $2.9 billion agreement to buy the derivatives exchange Deribit earlier this month. https://t.co/QcEtWIkdU8

