Coinbase Acquires BVNK for $2 Billion: Expanding Stablecoin Strategy

Coinbase is set to acquire London-based fintech company BVNK in a deal worth approximately $2 billion. This strategic move marks another significant step forward in Coinbase’s growing stablecoin strategy. The acquisition, currently in its final stages and anticipated for completion by late 2025 or early 2026, will strengthen Coinbase’s position in the global stablecoin market. By acquiring BVNK’s robust payment infrastructure, Coinbase aims to provide faster, cheaper, and more secure transaction options for businesses worldwide.