Coinbase, a secure online platform for buying, selling, transferring, and storing digital currency, is reportedly in late-stage negotiations to acquire stablecoin infrastructure startup BVNK for about $2 billion, a move that would deepen its push into the stablecoin market. The deal, which follows Coinbase Ventures’ earlier investment in BVNK, is expected to close by late 2025 or early 2026, pending due diligence. If completed, the acquisition would strengthen Coinbase’s control over stablecoin technology and infrastructure as competition intensifies in institutional crypto payments.

Coinbase Targets $2 Billion BVNK Deal for Fresh Stablecoin Push