Online reported that Coinbase Global Inc. CEO Brian Armstrong said on Bloomberg TV on Wednesday that the company continues to focus on M & A opportunities after reaching a $2.9 billion agreement to acquire derivatives exchange Deribit earlier this month. He pointed out that the company has a strong balance sheet and as a listed company, it has liquidity that can be used for mergers and acquisitions, but it will choose carefully and seek the right time to sell. Armstrong specifically mentioned that the company pays special attention to the international market and targets companies with concepts that match and can promote the development and growth of Coinbase products. When asked if Coinbase would consider acquiring Circle, the issuer of stablecoins, with which Coinbase had previously reached a revenue sharing agreement, he responded that "there is no relevant news to announce today."