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Dan Tapiero's 10T Holdings, Akuna Capital Become shareholders of Deribit, Source Claims That The Holdings Are Worth $100M
Summary: Crypto derivatives exchange Deribit announced on Friday that macro investor Dan Tapiero's 10T Holdings and derivatives trading company Akuna Capital have become shareholders of Deribit by purchasing existing shares of its Panamanian parent company. A source told crypto media CoinDesk that the shares held by 10T Holdings and Akuna Capital are worth $100 million. Deribit ...
Crypto derivatives exchange Deribit announced on Friday that macro investor Dan Tapiero's 10T Holdings and derivatives trading company Akuna Capital have become shareholders of Deribit by purchasing existing shares of its Panamanian parent company.
A source told crypto media CoinDesk that the shares held by 10T Holdings and Akuna Capital are worth $100 million.
Deribit is one of the world's largest crypto options exchanges by trading volume. The exchange confirmed the trading took place in the secondary market but declined to disclose its current valuation.
This acquisition marks another large-scale investment by Tapiero's crypto stock fund, which was launched in February and invested $200 million to bet on companies in the late stage of the field. Akuna has participated in multiple rounds of financing of crypto lender BlockFi.
Tags: 10T Holdings,Akuna Capital,Dan Tapiero,Deribit
Link: Dan Tapiero's 10T Holdings, Akuna Capital Become shareholders of Deribit, Source Claims That The Holdings Are Worth $100M [Copy]
