03:36 PM EDT, 10/31/2025 (MT Newswires) -- Coinbase Global ( COIN ) is in late-stage talks to acquire stablecoin infrastructure startup BVNK for about $2 billion, pending due diligence, Bloomberg reported Friday, citing people familiar with the matter.

The US crypto exchange expects to close the deal later this year or early next year, according to one of the people, the report said. Coinbase Ventures, which is the venture capital arm of the company, is already an investor in BVNK, the report added.

Terms of the transaction may change and a deal could still fall through, Bloomberg said.

Coinbase did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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