{"id":48077,"date":"2021-08-22T10:31:17","date_gmt":"2021-08-22T07:31:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48077"},"modified":"2025-09-02T00:25:41","modified_gmt":"2025-09-01T21:25:41","slug":"10t-holdings-and-akuna-capital-acquire-stakes-in-deribit-crypto-derivatives-exchange","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/10t-holdings-and-akuna-capital-acquire-stakes-in-deribit-crypto-derivatives-exchange\/","title":{"rendered":"10T Holdings and Akuna Capital acquire stakes in Deribit crypto-derivatives exchange"},"content":{"rendered":"<p>The 10T Holdings fund of Dan Tapiero and trading firm Akuna Capital have taken stakes in the crypto-derivatives exchange Deribit. The parties did not disclose the financial terms of the deal.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Deribit Announces New Strategic Shareholders<\/p>\n<p>10T Holdings and Akuna Capital become shareholders of crypto derivatives exchange Deribit.<\/p>\n<p>Press release:<a href=\"https:\/\/t.co\/KplvexRVTf\">https:\/\/t.co\/KplvexRVTf<\/a> <a href=\"https:\/\/t.co\/gTvhuLcUY0\">pic.twitter.com\/gTvhuLcUY0<\/a><\/p>\n<p>\u2014 Deribit (@DeribitExchange) <a href=\"https:\/\/twitter.com\/DeribitExchange\/status\/1428799043975647237?ref_src=twsrc%5Etfw\">August 20, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the press release, 10T Holdings and Akuna Capital purchased an unnamed amount of shares in the parent company Deribit \u2014 DRB Panama. No additional share issuance was made.<\/p>\n<p>An informed source told <a href=\"https:\/\/www.coindesk.com\/tapieros-10t-holdings-akuna-capital-buy-100m-stake-in-bitcoin-options-exchange-deribit\">CoinDesk<\/a> that the deal was worth $100 million.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are very pleased to make significant investments in Deribit, as no business in the digital asset ecosystem is as dominant in its field,\u201d Tapiero said.<\/p>\n<\/blockquote>\n<p>Deribit noted that the platform has grown significantly amid rising institutional demand. In the first half of 2021 its trading turnover reached $528 billion, up 630% from the same period a year earlier. It accounts for more than 90% of the options market (by open interest and trading volume), according to the announcement.<\/p>\n<p>According to <a href=\"https:\/\/analytics.skew.com\/dashboard\/bitcoin-options\">Skew<\/a>, open interest in Deribit\u2019s Bitcoin futures market is estimated at $8 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/skew_total_btc_options_open_interest-1-1024x572.png\" alt=\"10T Holdings \u0438 Akuna Capital \u043a\u0443\u043f\u0438\u043b\u0438 \u0434\u043e\u043b\u0438 \u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0434\u0435\u0440\u0438\u0432\u0430\u0442\u0438\u0432\u043d\u043e\u0439 \u0431\u0438\u0440\u0436\u0435 Deribit\" class=\"wp-image-146419\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/skew_total_btc_options_open_interest-1-1024x572.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_total_btc_options_open_interest-1-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_total_btc_options_open_interest-1-768x429.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_total_btc_options_open_interest-1.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: Skew.<\/figcaption><\/figure>\n<p>In February 2021, Dan Tapiero <a href=\"https:\/\/u1f987.com\/en\/news\/dan-tapiero-has-launched-a-200-million-fund-to-invest-in-crypto-companies\">launched a fund with a capital of $200 million<\/a> for investments in cryptocurrency companies and blockchain startups.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 10T Holdings fund of Dan Tapiero and Akuna Capital acquired stakes in the crypto-derivatives exchange Deribit. Financial terms were not disclosed.<\/p>\n","protected":false},"author":1,"featured_media":48078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1409,52],"class_list":["post-48077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-deribit","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48077"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48077\/revisions"}],"predecessor-version":[{"id":48079,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48077\/revisions\/48079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48078"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}