Coinbase Nears Acquisition of Stablecoin Infrastructure Startup BVNK for $2 Billion
Coinbase Nears Acquisition of Stablecoin Infrastructure Startup BVNK for $2 Billion
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Cryptocurrency exchange Coinbase is reportedly in advanced negotiations to acquire BVNK, a startup specializing in stablecoin infrastructure, for an estimated $2 billion. The deal, pending due diligence and involving Coinbase Ventures, is anticipated to close later this year or early next year.
Coinbase In Late-Stage Talks To Acquire Stablecoin Startup BVNK In $2 Billion Deal
According to a report from Bloomberg, US-based cryptocurrency exchange Coinbase (COIN) is reportedly in advanced negotiations to acquire BVNK, a startup specializing in stablecoin infrastructure, in a deal valued at approximately $2 billion. This acquisition is pending due diligence and could see closure later this year or early next year. Coinbase Ventures Poised To Acquire BVNK […]