Deribit Eyes US Expansion
Deribit, the world’s largest crypto options exchange, is considering expanding into the United States, encouraged by the Trump administration’s more favorable regulatory stance on cryptocurrencies.
According to the Financial Times, Deribit is exploring re-entry into the US market after years of regulatory uncertainty.
Founded in 2016, Deribit has become a leader in global crypto options trading, especially in Bitcoin and Ethereum derivatives. With $1.3 trillion in trading volume last year, the exchange is eyeing one of the world’s largest financial markets.
The renewed optimism in the US crypto space is largely due to the Trump campaign’s pro-crypto rhetoric. Unlike previous administrations, Trump’s supportive signals have been well-received by the market.
