Crypto options giant Deribit is gearing up for a possible move into the U.S. market, riding the wave of President Donald Trump’s newly crypto-friendly stance. The Dubai-based exchange, which processed a massive $1.3 trillion in crypto options trades last year, is exploring opportunities to tap into the growing U.S. crypto ecosystem, according to the Financial Times.
Trump’s recent policy shifts — including halting aggressive SEC enforcement actions and backing Bitcoin mining — have sparked optimism across the crypto industry. Exchanges like OKX and Nexo are already preparing to expand into the U.S., and Deribit could be next.
But it won’t be a walk in the park. Deribit CEO Luuk Strijers says navigating U.S. regulations around crypto derivatives is still “very complex,” despite the more welcoming political tone. Derivatives trading in the U.S. is tightly controlled, and firms must tread carefully to comply with the rules.
Still, with Washington now showing signs of embracing digital assets, Deribit and other global players see a potential turning point for crypto’s future in America.