Coinbase Global (COIN) missed first quarter estimates on its top and bottom lines amid headlines that it will be acquiring crypto derivatives exchange Deribit in a deal valued at $2.9 billion.
Benchmark Company managing director and senior research analyst Mark Palmer weighs in on whether Coinbase\'s lackluster performance is actually "inconsequentual" in comparison to the Deribit deal.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
