{"id":58012,"date":"2025-11-12T06:46:49","date_gmt":"2025-11-12T06:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58012"},"modified":"2025-11-12T06:46:49","modified_gmt":"2025-11-12T06:46:49","slug":"coinbase-drops-plan-to-buy-bvnk-in-2b-deal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58012","title":{"rendered":"Coinbase Drops Plan to Buy BVNK in $2B Deal"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Coinbase has pulled the plug on its plan to acquire BVNK, a London-based <\/span><span data-preserver-spaces=\"true\">startup focused on<\/span><span data-preserver-spaces=\"true\"> stablecoin infrastructure.<\/span><span data-preserver-spaces=\"true\"> The deal was reportedly worth around $2 billion and had been expected to close sometime between late 2025 and early 2026. It would have marked one of Coinbase\u2019s most significant acquisitions to date and positioned the exchange as a serious contender in the stablecoin payments sector.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">How the Deal Got This Far<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Back in October, word got out that Coinbase was deep into negotiations with BVNK. Reports described the talks as being in \u201clate-stage,\u201d with insiders saying Coinbase Ventures already had an investment stake in BVNK. That connection seemed to smooth the path for a <\/span><span data-preserver-spaces=\"true\">full<\/span><span data-preserver-spaces=\"true\"> acquisition.<\/span><\/p>\n<figure id=\"attachment_307795\" aria-describedby=\"caption-attachment-307795\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-307795\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Coinbase-Drops-Plan-to-Buy-BVNK-in-2-Billion-Deal.jpg\" alt=\"Coinbase Drops Plan to Buy BVNK in $2 Billion Deal\" width=\"1000\" height=\"667\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Coinbase-Drops-Plan-to-Buy-BVNK-in-2-Billion-Deal.jpg 1000w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Coinbase-Drops-Plan-to-Buy-BVNK-in-2-Billion-Deal-300x200.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Coinbase-Drops-Plan-to-Buy-BVNK-in-2-Billion-Deal-768x512.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Coinbase-Drops-Plan-to-Buy-BVNK-in-2-Billion-Deal-50x33.jpg 50w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-307795\" class=\"wp-caption-text\">Source: Shutterstock<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">BVNK had been gaining momentum with its stablecoin services and caught the attention of other big players, <\/span><span data-preserver-spaces=\"true\">too<\/span><span data-preserver-spaces=\"true\">, including Mastercard. The startup had processed large volumes of payments and was being closely watched by fintech firms eyeing the future of cross-border payments.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">What Went Wrong Behind the Scenes<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Things looked promising on paper, but a mix of factors reportedly led Coinbase to step back. Sources close to the matter point to due diligence issues, market volatility, and shifting internal goals as reasons the deal was shelved. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Even when the acquisition seemed likely, there were still hints it could unravel. Coinbase\u2019s earnings at the time showed that stablecoin-related revenue was growing fast, making BVNK seem like a good fit. But with the regulatory environment tightening and large deals facing more scrutiny, the company may have decided it was not the right moment to move forward.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">Coinbase Has to Rethink Its Stablecoin Game Plan<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Without BVNK, Coinbase will need to find other ways to scale its stablecoin and payments infrastructure. The acquisition would have brought BVNK\u2019s platform and potential for global payment flows directly into Coinbase\u2019s orbit.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_69142be8843f4\" data-coin-id=\"btc\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_69142be8843f4-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_69142be8843f4-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_69142be8843f4-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_69142be8843f4-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_69142be8843f4-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_69142be8843f4-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_69142be8843f4-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_69142be8843f4-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_69142be8843f4-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_69142be8843f4-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_69142be8843f4-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_69142be8843f4-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span data-preserver-spaces=\"true\">Now, the company may turn to smaller deals, build from within, or partner with other firms to achieve its goals. The gap left by this cancelled deal means Coinbase has more work ahead if it still wants to lead in the stablecoin space.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">BVNK Stays Independent and Keeps Growing<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">For BVNK, the end of the deal doesn\u2019t mean the end of opportunity. The company stays independent and continues to grow, reportedly moving over $20 billion in annualised transaction volume. It also counts big names like Visa Ventures and Citi Ventures among its backers. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Even though the $2 billion buyout is off the table, BVNK still has momentum and could explore new partnerships or fundraising rounds to keep expanding.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">What This Says About the Industry Right Now<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">This failed acquisition sends a message. Big deals in the crypto payments space are getting harder to close. Valuations may look attractive, but behind the scenes, there are hurdles, <\/span><span data-preserver-spaces=\"true\">regulations<\/span><span data-preserver-spaces=\"true\">, risk management, and shifting strategies. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For companies watching from the sidelines, this might signal a need to be more cautious when chasing large buyouts in the infrastructure space.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">What Comes Next<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Coinbase now has to decide how to move forward. Will it look for other acquisition targets or invest in building its own tools? That remains to be seen. BVNK, meanwhile, will need to prove its model works without a parent company <\/span><span data-preserver-spaces=\"true\">behind it<\/span><span data-preserver-spaces=\"true\">. This could shape how other startups and investors approach the stablecoin and crypto payments market in the months ahead.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Coinbase canceled its $2 billion deal to acquire stablecoin startup BVNK after months of negotiations.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The acquisition would have boosted Coinbase\u2019s position in stablecoin payments and cross-border infrastructure.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Due diligence concerns, market volatility, and changing internal priorities reportedly led to the decision.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        BVNK remains independent, processing $20 billion in annual volume with backing from major venture firms.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The move highlights growing challenges in closing large crypto infrastructure deals under regulatory pressure.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/coinbase-drops-plan-to-buy-bvnk-in-2b-deal\/\">Coinbase Drops Plan to Buy BVNK in $2B Deal<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase has pulled the plug on its plan to acquire BVNK, a London-based startup focused on stablecoin infrastructure. The deal was reportedly worth around $2 billion and had been expected to close sometime between late 2025 and early 2026. It would have marked one of Coinbase\u2019s most significant acquisitions to date and positioned the exchange [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58012","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58012"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58012\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}