Coinbase / FairX 2022

Coinbase acquired FairX for $275M on January 12, 2022.

Target

FairX

Acquirer

Coinbase

Deal value

$275M

Deal type

Cash

Announced

January 12, 2022

Sub-sector

Crypto / Digital Assets

Coinbase acquires CFTC-regulated derivatives exchange to launch regulated crypto futures and reach institutional traders.

Deal value

$275M

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

January 12, 2022

Close date

February 1, 2022

Acquirer

Coinbase (Strategic)

Target HQ

United States

Deal type

Cash

Sub-sector

Crypto / Digital Assets

Source: coinbase.com