Coinbase Ends Talks to Acquire BVNK in $2 Billion Deal

TLDR Coinbase has ended negotiations to acquire stablecoin firm BVNK in a deal valued at $2 billion. Both Coinbase and Mastercard were in advanced talks to purchase BVNK before the decision to walk away. A Coinbase spokesperson confirmed that both parties mutually agreed not to proceed with the acquisition. BVNK raised $50 million last December [...]

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