The cryptocurrency exchange Coinbase is in the final stages of negotiations to acquire the fintech startup BVNK, which specializes in creating payment infrastructure for stablecoins. The estimated value of the deal could be around $2 billion.
This is reported by Finway
Prospects of the Deal and Positions of the Parties
According to information obtained from sources, negotiations between Coinbase and BVNK are nearly complete. The signing of the purchase agreement is expected to take place by the end of 2025 or early 2026. Representatives from BVNK declined to comment on the situation, while Coinbase stated that they would not respond to rumors but confirmed that they are considering various strategies for further company expansion.
“Coinbase noted that they would not respond to speculation and rumors. At the same time, the organization confirmed that they are exploring various options for expansion.”
The Role of BVNK in the Market and Interest from Other Players
BVNK is a British fintech company that offers payment infrastructure solutions in stablecoins, targeting institutional clients. In December 2024, the startup raised $50 million during a Series B investment round, which included participation from Coinbase Ventures among others. It is worth noting that Mastercard was also involved in the negotiations to acquire BVNK at one time.
Interest in the startup from Coinbase emerged as early as October 2025. If the deal is finalized, it will be another step for the exchange in expanding its capabilities in the stablecoin market. Previously, Coinbase had already acquired the Echo platform, allowing it to offer comprehensive solutions for project fundraising.
It is expected that the integration of BVNK into Coinbase’s structure will enable the company to strengthen its presence in the stablecoin sector and offer new services for institutional clients in the field of digital payments.