According to a report from Bloomberg, US-based cryptocurrency exchange Coinbase (COIN) is reportedly in advanced negotiations to acquire BVNK, a startup specializing in stablecoin infrastructure, in a deal valued at approximately $2 billion. This acquisition is pending due diligence and could see closure later this year or early next year.

Coinbase Ventures Poised To Acquire BVNK

Coinbase Ventures, the venture capital arm of Coinbase, is known to be an investor in BVNK, suggesting a pre-existing relationship that may facilitate the acquisition.

One spokesperson told Bloomberg that the company is committed to its mission of expanding economic freedom globally and actively explores various opportunities through building, acquiring, partnering, or investing.

If the deal goes thro

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