Best Crypto to Buy as Coinbase Finalizes $2.9B Acquisition of Deribit

Coinbase officially completed its $2.9B acquisition of Deribit, wrapping up the purchase of the global crypto derivatives platform at exactly the right time, just as investor interest in crypto options surges.

With the deal done, Coinbase sits firmly in the driver’s seat as one of the biggest names in crypto, as both Coinbase and Deribit individually sit on the list of top 10 crypto exchanges.

It’s a great deal for Coinbase, then. But what about the rest of the crypto world? Here are three of the best cryptos to buy in the wake of Coinbase’s latest expansion.

Deribit Just the Latest in Coinbase Expansion

First announced in early May, Coinbase agreed to acquire Deribit for approximately $2.9B in a combination of $700M in cash and 11M of its own Class A shares.

The deal is the largest of Coinbase’s ongoing expansion, but certainly not the only one: in 2025 alone, Coinbase has acquired six other crypto-related companies, each marking an expansion into a different arena. Those include:

Spindle, providing blockchain-based advertising to help content creators increase online visibility.
Roam, a blockchain-based online browser.
Liquifi, a company focused on managing early-stage token startups.
Opyn, a platform for trading perpetual futures like options
IronFish, a crypto transaction security company

Deribit is by far the largest and most significant of the additions, but each of the others marks a strategic expansion of Coinbase’s offerings.

Deribit’s Dominance in Derivatives Trading

Deribit remains the leading crypto options exchange by volume and open interest. In 2024, it processed more than $1T in trades.

July 2025 marked a new record, with $185B in trading volume and roughly $60B in open interest. The platform is far and away the clear leader in both Bitcoin and Ethereum options volume:

This acquisition enables Coinbase to fulfill its ‘Everything Exchange’ ambition – integrating spot, futures, perpetuals, and now options into one seamless global platform. It also supports Coinbase’s international expansion goals by incorporating Deribit’s institutional-grade infrastructure and loyal user base.

Coinbase has a clear eye on the future of crypto, looking towards an era with broader adoption and continued innovation. For that reason alone, the Deribit acquisition makes sense.

Deribit’s $30M in July transaction revenue won’t hurt Coinbase’s bottom line, either; especially as it should add only about $10M in additional expenses.

Market Response & Industry Trends

Following the announcement, Coinbase stock dipped approximately 2 – 2.5%. Despite the dip, both Coinbase and major competitors show no signs of slowing down. The total crypto market cap sits just north of $4T, and all that increased liquidity is heralding further consolidations:

In May, Kraken snapped up NinjaTrader, a crypto futures platform
In April, Ripple snagged Hidden Road for prime brokerage

And despite the stock dip, $COIN is still up significantly since mid-April as the crypto market heats up.

The big names are getting bigger – so which are the best cryptos to buy now to take advantage?

Maxi Doge ($MAXI) – The Big Doge Gets Bigger & Better with 1000x Leverage

Dogecoin’s one of the OG meme coins, and currently rides a 3.22% weekly increase in token price.

Maxi Doge ($MAXI) thinks those are beginner’s numbers. It’s time to dial everything up – max gains, max performance, max leverage. A Doge-inspired meme coin, $MAXI doesn’t bring groundbreaking utility or market-changing innovations. It does bring a raw shot of adrenalin and a desire to turn the meme coin market upside-down.

The project’s biggest play is the Maxi Fund – a full 25% of the 150.24B $MAXI tokens (ERC-20 tokens). The fund reserves liquidity and enables partnership campaigns for the biggest plays.

Before launch, investors can also stake their $MAXI tokens for a current 292% dynamic APY. The vibe is catching – the Maxi Doge presale is about to break the $1M mark after mere weeks, with tokens sitting at $0.000252.

Visit the Maxi Doge presale page to learn more.

Token6900 ($T6900) – Phenomenal Raw Meme Coin Power

What if meme coins aren’t just money-making opportunities? What if they’re part of natural human evolution?

If they are, Token6900 ($T6900) sits at the pinnacle.

There’s no utility here – none, not even a shred of it. But there is energy and a pile of tokens – 930,993,091, to be exact; that’s a full token more than SPX6900, the spiritual predecessor to the vastly superior $T6900.

The meme coin market is heating up again, with the total market cap at $72B. Token6900, with its manifesto to forge a new America full of degen traders and meme coin masterminds, looks perfectly suited to ride a new wave of meme coin mania.

Check out the visual splendor of the presale page today.

Solana ($SOL) – Solana Marks a Steady Comeback, Prepares for Continued Adoption

Up nearly 100% from mid-April lows, Solana ($SOL) currently trades at around $197. That’s a significant success story right there, but it’s not the whole story. While Bitcoin and Ethereum grab the headlines, Solana is drawing institutional attention of its own.Those companies focus on Solana’s yield farming and passive staking abilities, generating additional income from ever-growing treasuries.

That’s not the only area of expansion for $SOL. On the DeFi front, Solana’s TVL retook the $10B mark on a wave of recent growth, with $113B traded on DEXs in the past month – just behind Ethereum.

Add in growing adoption (go to space with Blue Origin, pay with $SOL!), and without even considering the continued success of Solana-based meme coins, $SOL looks set for a strong run in the remainder of 2025.