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TechFlow, Oct. 10 — According to Fortune, Coinbase and Mastercard have both entered advanced talks to acquire stablecoin startup BVNK, with the deal valued between $1.5 billion and $2.5 billion. Coinbase currently holds a leading position in the bidding race. Founded in 2021 and headquartered in London, BVNK specializes in providing stablecoin payment, cross-border settlement, and treasury management solutions for enterprises.
According to Fortune, both Coinbase and Mastercard have entered into advanced talks to acquire stablecoin startup BVNK, with the deal valued between $1.5 billion and $2.5 billion. Coinbase is currently leading in the bidding race. Founded in 2021 and headquartered in London, BVNK specializes in providing stablecoin payments, cross-border settlements, and treasury management solutions for businesses.
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