Odaily Planet Daily News: Bernstein analysts have stated that as exchange and broker/dealer models begin to merge, the cryptocurrency industry is moving towards a more integrated "one-stop" multi asset investment platform. For example, Coinbase is in deep negotiations to acquire Deribit, Kraken will acquire NinjaTrader, and Robinhood is integrating Bitstamp.
Analysts say that Deribit's BTC and ETH options market has a monthly trading volume of over $100 billion, accounting for approximately 70% of the market share, while cryptocurrency futures have a monthly trading volume of around $45 billion. Coinbase's acquisition of Deribit will enable it to expand into the derivatives field, particularly in the options sector, and compete with Binance in the international cryptocurrency derivatives market. (The Block)