Coinbase Eyes $2B Acquisition of Stablecoin Firm BVNK, Potentially Reshaping Crypto Finance

Coinbase is poised to acquire stablecoin infrastructure firm BVNK for up to $2 billion, potentially marking the largest deal in the sector’s history. While neither company has confirmed the talks, prior investments by Coinbase Ventures indicate a strong partnership history. This move signals Coinbase’s ambitious expansion into stablecoin payments, with implications for market dynamics and crypto financial infrastructure as we know it.