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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’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

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If USDT is supposedly “fragile,” why are traders and institutions relying on it more ...
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