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Coinbase cancels $2 billion deal to acquire stablecoin startup BVNK

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2025-11-11 21:45:20
Coinbase has dropped its plans to buy BVNK, the UK stablecoin infrastructure company, ending talks over a potential $2 billion deal that had progressed. "After discussing the possibility of acquiring BVNK, the parties have agreed not to proceed," a Coinbase spokesperson said.
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