Citing Coinotag, Coinbase’s $2 billion acquisition of stablecoin startup BVNK collapsed during due diligence after an exclusivity agreement in October. The mutual decision halts what would have been one of the largest crypto deals, amid surging stablecoin interest from firms like Western Union and SWIFT, potentially redirecting Coinbase’s focus to other opportunities.
Coinbase and BVNK End $2 Billion Stablecoin Deal Talks in Due Diligence
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