by: xpoolPosted on:

Coinbase, Mastercard Eyeing BVNK Acquisition for $2.5 Billion

The cryptocurrency world is buzzing with news of a potential massive acquisition. Coinbase and Mastercard are engaged in advanced talks to purchase BVNK, a London-based stablecoin firm valued at up to $2.5 billion. This deal would represent the largest purchase in the stablecoin market so far, surpassing Stripe’s $1.1 billion acquisition of Bridge earlier this year. Sources indicate that Coinbase is currently leading the charge with the upper hand.

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