Crypto-related stocks have seen big upticks this week as Bitcoin gained momentum, pushing through the psychologically important level of $100,000 for the first time in months. The cryptocurrency held on to most of its gain early Friday—but not all crypto stocks followed.

Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry's history.

Coinbase Inc. today announced it will acquire Dubai-based Deribit, a leading global cryptocurrency derivatives exchange, in a deal valued at $2.9 billion.