Coinbase and Mastercard Pursue Billion Dollar Agreements with Stablecoin Company BVNK, According to Report
Simply put Coinbase and Mastercard are reportedly negotiating to acquire BVNK for up to $2.5 billion. These discussions come as interest in US dollar-pegged digital assets is surging. Experts suggest that payment platforms and crypto firms are now viewing stablecoins as essential infrastructure. Coinbase and Mastercard are said to be in advanced discussions to purchase […]
Coinbase and Mastercard are in advanced discussions to acquire stablecoin startup BVNK for about $2 billion.
Interest Grows in Stablecoin Acquisitions About a year after Stripe’s $1.1 billion acquisition of stablecoin startup Bridge, Coinbase and Mastercard are now exploring their own acquisition of BVNK, a London-based stablecoin company. This information comes from six sources close to the negotiations who requested to remain anonymous due to the sensitive nature of the discussions. […]