Deribit Integrates Coinbase Spot Liquidity Following VARA License Approval
@Deribitofficial obtains a Virtual Assets Regulatory Authority (VARA) Broker-Dealer license in Dubai, thus kickstarting a strategic collaboration with
@Coinbase Exchange.
With the new license, Deribit executes all spot trades via institutional order books at Coinbase.
This is to offer its customers enhanced liquidity and narrower spreads for $BTC and $ETH, as well as for upcoming tokenized assets.