Coinbase Eyes $2 Billion Acquisition of Stablecoin Firm BVNK

Coinbase Eyes $2 Billion Acquisition of Stablecoin Firm BVNK

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According to reports, Coinbase is reportedly in advanced discussions to acquire the stablecoin firm BVNK for an estimated $2 billion, potentially outbidding Mastercard.

Coinbase and Mastercard in $2 billion bidding race for stablecoin firm BVNK: report

Citing sources familiar with the matter, Fortune reported that Coinbase appears to be closer to winning the deal than Mastercard.