Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 (Bloomberg)

TechmemeFriday, October 31, 2025 at 9:50:00 PM
Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 (Bloomberg)
Coinbase is reportedly in advanced negotiations to acquire the stablecoin infrastructure startup BVNK for approximately $2 billion. This acquisition is significant as it aligns with Coinbase's strategy to enhance its stablecoin offerings, which could bolster its position in the competitive cryptocurrency market. The deal is expected to close later this year or early 2026, marking a pivotal moment for Coinbase as it seeks to innovate and expand its services.
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