Coinbase reportedly plans to acquire stablecoin startup BVNK for $2 billion.

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)