Coinbase Ends $2B BVNK Acquisition Talks Amid Stablecoin Race

Coinbase has ended its talks to acquire stablecoin startup BVNK. The discussions had reached an advanced stage and were valued at about $2 billion, marking one of the largest potential deals in the stablecoin sector. According to Fortune, both Coinbase and Mastercard had expressed an interest in acquiring BVNK–a London-based fintech that develops infrastructure for stablecoin

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