10t Holdings and Akuna Capital bought shares in the cryptoderivative exchange of Deribit
10t Holdings Foundation Dan Tapiyu and Akuna Capital trading company are included in the capital of cryptocurrency derivatives Deribit. The parties did not reveal the financial terms of the transaction.
Deribit announces New Strategic Shareholders
10t Holdings and Akuna Capital Become Shareholders of Crypto Derivatives Exchange Deribit.
According to the press release, 10t Holdings and Akuna Capital acquired an unnamed number of shares of the Maternal company Deribit-DRB Panama. We are talking about buying existing securities, no additional.
A informed source told Coindesk that the amount of the transaction amounted to $ 100 million.
“We are very happy to make significant investments in Deribit, since no business in the ecosystem of digital assets is so dominant in its field,” Tapieu said said.
Deribit noted that the platform has grown significantly against the background of an increase in institutional demand. In the first half of 2021, its trade turnover reached $ 528 billion, which is 630% more compared to the same period https://gagarin.news/news/when-will-the-bull-run-start-analytics-from-grayscale/ last year. She owns more than 90% of the options market (out of open interest and the volume of bidding), according to the announcement.
According to SKEW, open interest in the Deribit bitcoin stores market is estimated at $ 8 billion.
Recall that in February 2021, Dan Tapiyu launched a fund with a capital of $ 200 million for investment in cryptocurrency companies and blockchain startups.
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