Citing Coinotag, Coinbase is in advanced discussions to acquire BVNK, a London-based stablecoin infrastructure provider, in a potential deal valued between $1.5 billion and $2.5 billion. The acquisition aims to strengthen Coinbase’s stablecoin and payment capabilities, aligning with recent U.S. regulatory developments and growing demand for blockchain-based financial solutions. Nearly 20% of Coinbase’s recent quarterly revenue came from stablecoins, highlighting the strategic importance of this sector.
Coinbase in Late-Stage Talks to Acquire BVNK for $1.5–2.5 Billion
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