Coinbase and Mastercard Held Talks to Buy Stablecoin Fintech BVNK for Up to $2.5B: Fortune
Coinbase and Mastercard compete to acquire BVNK for around $2 billion, potentially the largest stablecoin deal reflecting rising demand for digital payment technologies.
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Exclusive: Coinbase and Mastercard have both held advanced talks to buy stablecoin startup BVNK for around $2 billion
Stablecoins have become a buzzy sector over the past year amid a red-hot IPO from the stablecoin giant Circle and recently passed legislation in Congress.
Coinbase and Mastercard Held Talks to Buy Stablecoin Fintech BVNK for Up to $2.5B: Fortune
Crypto exchange Coinbase and payments giant Mastercard have each held advanced acquisition talks to buy BVNK, a London-based fintech that builds stablecoin payment infrastructure, according to six people familiar with the matter who spoke with Fortune.The discussions have not been finalized, but several of the sources told Fortune that the potential sale price is between $1.5 billion and $2.5 billion. The talks may still fall apart, yet Coinbase…
Stablecoin News: Coinbase, Mastercard in Talks to Acquire Stablecoin Firm BVNK – MAXBIT
Coinbase and Mastercard are in advanced talks to acquire stablecoin firm BVNK in a deal valued up to $2.5 billion. Stablecoin startup BVNK is now the focus of a major acquisition battle. Coinbase and Mastercard are reportedly in advanced talks to buy the firm. The possible deal is worth $1.5 billion to $2.5 billion. Coinbase...
Coinbase and Mastercard Compete to Acquire Stablecoin Firm BVNK in $2.5 Billion Deal News ETHNews
Coinbase and Mastercard are reportedly in advanced talks to acquire London-based stablecoin startup BVNK, with the sale price estimated between $1.5 billion and $2.5 billion, according to Fortune. The deal, if finalized, would represent one of the largest acquisitions in stablecoin history, underscoring the accelerating race among major fintech and crypto players to dominate blockchain-based payments infrastructure. Sources familiar with the dis…
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