Coinbase cancels $2B acquisition of stablecoin startup BVNK
Key Takeaways Coinbase has dropped its plan to buy BVNK, a stablecoin infrastructure startup, for $2 billion. The acquisition was aimed at strengthening Coinbase’s stablecoin payments capabilities. Share this article Coinbase, a US-based cryptocurrency exchange, has abandoned its planned $2 billion acquisition of BVNK, a London-based startup providing infrastructure for stablecoin operations, Fortune reported today….
