Coinbase and Mastercard in Advanced Talks to Acquire Stablecoin Firm BVNK for Up to $2.5B
Coinbase and Mastercard have held advanced acquisition talks with BVNK, a stablecoin fintech. The potential deal could value BVNK at between $1.5 billion and $2.5 billion. If completed, this would represent the largest stablecoin-related acquisition to date. Coinbase and Mastercard are competing to acquire BVNK, a London-based firm specializing in stablecoin payments and infrastructure, according to multiple sources. The...