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Coinbase’s $2 Billion Deal With Stablecoin Startup BVNK Collapses


by Chayanika Deka
for CryptoPotato
Coinbase’s $2 Billion Deal With Stablecoin Startup BVNK Collapses

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Coinbase’s plan to make a major push into the stablecoin payments sector has hit a wall. The US crypto exchange has ended acquisition talks with UK-based fintech BVNK, in what could have been one of the largest deals ever for a stablecoin-focused startup.

Details on why the negotiations collapsed have not been revealed yet.

Read the article at CryptoPotato

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Coinbase Abandons Plan To Acquire UK Fintech BVNK In $2B Deal

Coinbase Abandons Plan To Acquire UK Fintech BVNK In $2B Deal

Coinbase dropped its planned $2b acquisition of London-based stablecoin startup BVNK ...
Coinbase Ditches Delaware for Texas, Advancing Its Mission of Economic Freedom

Coinbase Ditches Delaware for Texas, Advancing Its Mission of Economic Freedom

Coinbase’s strategic decision to leave Delaware and reincorporate in Texas marks a de...

Coinbase’s $2 Billion Deal With Stablecoin Startup BVNK Collapses


by Chayanika Deka
for CryptoPotato
Coinbase’s $2 Billion Deal With Stablecoin Startup BVNK Collapses

Share:

Coinbase’s plan to make a major push into the stablecoin payments sector has hit a wall. The US crypto exchange has ended acquisition talks with UK-based fintech BVNK, in what could have been one of the largest deals ever for a stablecoin-focused startup.

Details on why the negotiations collapsed have not been revealed yet.

Read the article at CryptoPotato

Share:

Share:

Read More

Coinbase Abandons Plan To Acquire UK Fintech BVNK In $2B Deal

Coinbase Abandons Plan To Acquire UK Fintech BVNK In $2B Deal

Coinbase dropped its planned $2b acquisition of London-based stablecoin startup BVNK ...
Coinbase Ditches Delaware for Texas, Advancing Its Mission of Economic Freedom

Coinbase Ditches Delaware for Texas, Advancing Its Mission of Economic Freedom

Coinbase’s strategic decision to leave Delaware and reincorporate in Texas marks a de...