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Coinbase continues to grow in crypto services, but it's a big acquisition that may move the needle.
Coinbase (COIN -7.35%) didn't impress investors with its first-quarter results, but the company may get a big impact from acquiring Deribit for $2.9 billion. Travis Hoium discusses the impact in this video.
*Stock prices used were end-of-day prices of May 9, 2025. The video was published on May 10, 2025.
Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and XRP. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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