News Explorer — Coinbase, Mastercard Mull Acquisition of UK Fintech Stablecoin Firm BVNK in Separate Deals Worth Billions

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Oct 10, 2:41 am

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Coinbase, Mastercard Mull Acquisition of UK Fintech Stablecoin Firm BVNK in Separate Deals Worth Billions

Coinbase and Mastercard are in advanced talks to acquire U.K.-based fintech firm BVNK, specializing in stablecoin infrastructure. BVNK's potential sale could value the company between $1.5 billion and $2.5 billion, surpassing Stripe's previous acquisition of a stablecoin startup.

Coinbase and Mastercard are in advanced talks to acquire U.K.-based fintech firm BVNK, specializing in stablecoin infrastructure. BVNK's potential sale could value the company between $1.5 billion and $2.5 billion, surpassing Stripe's previous acquisition of a stablecoin startup.

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