Coinbase Pulls Plug On $2 Billion Agreement With BVNK | Bitcoinist.com

A Coinbase spokesperson confirmed to Fortune that the cryptocurrency exchange has officially terminated its acquisition discussions with UK-based stablecoin startup BVNK. Coinbase had initially sec...

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Coinbase Pulls Plug On $2 Billion Agreement With BVNK | Bitcoinist.com

Source: Bitcoinist.com

A Coinbase spokesperson confirmed to Fortune that the cryptocurrency exchange has officially terminated its acquisition discussions with UK-based stablecoin startup BVNK. Coinbase had initially secured exclusive negotiation rights with BVNK after navigating a competitive bidding process. Coinbase Abandons BVNK Acquisition A Coinbase representative stated, “We’re continuously seeking opportunities to expand on our mission and product […]

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