Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Coinbase reportedly plans to acquire stablecoin startup BVNK for $2 billion.
2025-11-03 00:33

According to a Bloomberg report citing sources familiar with the matter, Coinbase Global Inc. is in late stages of talks to acquire BVNK, a stablecoin infrastructure startup, in a deal potentially valued at $2 billion. The acquisition is expected to close in late 2025 or early 2026. Founded in 2021, BVNK provides enterprise-grade stablecoin payment services, and Coinbase Ventures is already an investor. This move comes as stablecoins become increasingly important to Coinbase, accounting for 20% of its total revenue, approximately $246 million, in the third quarter of 2025. (Cointelegraph)