Exclusive: Coinbase and Mastercard have both held advanced talks to buy stablecoin startup BVNK for around $2 billion

FortuneThursday, October 9, 2025 at 9:12:22 PM
Exclusive: Coinbase and Mastercard have both held advanced talks to buy stablecoin startup BVNK for around $2 billion
Coinbase and Mastercard are reportedly in advanced discussions to acquire stablecoin startup BVNK for approximately $2 billion. This move highlights the growing interest in stablecoins, especially following the successful IPO of Circle and new legislation in Congress. The acquisition could significantly impact the cryptocurrency market, positioning both companies at the forefront of this rapidly evolving sector.
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