Coinbase is preparing to acquire fintech startup BVNK for $2 billion.
Date: 2025-11-03 Author: Henry Casey Categories: BUSINESS
According to Bloomberg, the parties are in the final stages of negotiations, and the deal could be completed by the end of 2025 or early 2026. Sources claim the potential agreement is worth approximately $2 billion.
BVNK develops stablecoin-based payment infrastructure and is primarily targeting institutional clients. The UK-based company has strengthened its position in the cryptofinance sector over the past several years. In December 2024, the startup completed a $50 million Series B funding round. Coinbase Ventures was among the investors, making the current potential acquisition a logical step in continuing their collaboration.
BVNK representatives declined to comment on rumors of negotiations, while Coinbase stated that it does not intend to discuss speculation, but confirmed that the company is exploring various expansion opportunities. According to Fortune, Mastercard has also expressed interest in BVNK, but it is unclear whether the company is actively negotiating.
If the deal goes through, it would be one of Coinbase's largest acquisitions in recent years. The exchange is actively expanding its market presence and seeking to offer a broader range of services. Coinbase previously acquired the Echo platform to provide projects with a comprehensive investment solution.
For Coinbase, the acquisition of BVNK opens new opportunities in the stablecoin sector, which is becoming an increasingly significant element of the crypto economy. Using BVNK's technology, the exchange will be able to offer improved tools for international settlements and corporate clients, strengthening its position among institutional market participants.
Experts note that integrating BVNK into Coinbase could accelerate the development of crypto payment solutions and increase the company's competitiveness against other global players. Analysts emphasize that Mastercard's interest demonstrates the traditional financial sector's growing attention to stablecoin-based technologies.
A final decision on the deal is expected in the coming months. If negotiations are successful, it will be one of the most significant events in the crypto industry by the end of 2025, confirming the trend toward increased collaboration between traditional finance and digital assets.
