Deribit to Offer Options on More Tokens, Expand in EU
- Deribit plans to add options for SOL, XRP, MATIC next year
- It is also seeking to apply for a brokerage license in the EU
Crypto derivative trading volumes slid to about $1.5 trillion in September.
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The largest cryptocurrency exchange for options, Deribit, is pushing ahead with plans to provide customers with contracts on more coins despite a slump in volatility in digital assets.
Deribit will offer options on Solana’s SOL, the XRP token linked to Ripple Labs and Polygon’s MATIC starting January, Chief Commercial Officer Luuk Strijers said in an interview, adding a lack of volatility “won’t defer our plans.” The firm will also apply for a brokerage license in the European Union, he said.