PANews|Nov 01, 2025 00:15
[Bloomberg: Coinbase's acquisition of stablecoin startup BVNK expected to be completed by the end of this year or early next year]  
According to Bloomberg, sources revealed that U.S. cryptocurrency exchange Coinbase Global Inc. is in late-stage acquisition talks with stablecoin infrastructure startup BVNK, aiming to complete the transaction at a price of approximately $2 billion, pending due diligence. Coinbase's venture capital arm, Coinbase Ventures, is one of BVNK's investors. The deal is expected to be finalized later this year or early next year. The terms of the transaction may change, and the deal could ultimately fall through.
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