Deribit, a leading crypto options platform, has denied rumors of a potential takeover amid reports of acquisition interest from various parties, including Kraken. The CEO, Luuk Strijers, confirmed that although the firm is assessing strategic investments and working with FT Partners for advisory services, it has not been put up for sale. Deribit has been recognized as a dominant player in digital asset options trading, contributing to its estimated valuation of $4 to $5 billion. Kraken reportedly considered an offer for Deribit but did not pursue it. The heightened interest in Deribit aligns with a broader resurgence in mergers and acquisitions within the crypto market, as evidenced by several significant transactions announced recently.

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