by: xpoolPosted on:

Coinbase Drops $2 Billion BVNK Deal; Stablecoin Infrastructure Race Intensifies

Coinbase has pulled out of its planned acquisition of stablecoin infrastructure startup BVNK, potentially ending one of the crypto industry’s hottest acquisition battles. The deal cancellation follows months of negotiations and an exclusivity agreement signed in October, though both sides have remained tight-lipped about specific reasons for the abrupt end to talks.

Related posts:

  1. Coinbase Secures $2B Deal to Integrate Stablecoin Infrastructure
  2. Coinbase Targets Stablecoin Infrastructure with $2 Billion Acquisition of BVNK
  3. Coinbase and BVNK Call Off $2 Billion Acquisition Deal
  4. Coinbase Cancels $2 Billion Acquisition of BVNK; Stablecoin Strategy Takes Center Stage