Coinbase & Mastercard Eye $2B Acquisition of Stablecoin Firm BVNK

Mastercard and Coinbase are in advanced negotiations to acquire London-based stablecoin infrastructure company BVNK. The possible sale is potentially worth between $1.5 billion and $2.5 billion.  Sources familiar with the situation say Coinbase appears to have a small lead in negotiations, although the transaction has not been finalized, and neither bidder has announced this publicly. … Continue reading Coinbase & Mastercard Eye $2B Acquisition of Stablecoin Firm BVNK