The post Coinbase Eyes $2B Stablecoin Deal That Could Change Everything appeared on BitcoinEthereumNews.com. TLDR Coinbase is in advanced negotiations to acquire stablecoin infrastructure startup BVNK for approximately $2 billion. The exchange secured exclusive negotiating rights after winning a competitive bidding process for the London-based startup. Due diligence is already underway and the deal could close by the end of this year or early 2026. Stablecoins currently generate nearly 20% of Coinbase’s total revenue in the third quarter. Coinbase Ventures already backs BVNK alongside Citi Ventures, Haun Ventures, and Visa. Coinbase is in advanced talks to acquire stablecoin infrastructure startup BVNK for approximately $2 billion. The exchange aims to expand its presence in the growing stablecoin payments sector. Due diligence has already commenced, and the deal is expected to close by year-end or early 2026. Exchange Pursues BVNK Acquisition Bloomberg reports that Coinbase Global Inc. is in negotiations to purchase BVNK. The transaction terms remain flexible, and changes could still occur before finalization. Insiders confirm that both companies are moving forward with the acquisition process. Coinbase secured exclusive negotiating rights after winning a competitive bidding process. The exchange has actively explored ways to strengthen its stablecoin infrastructure. BVNK’s merchant network and compliance systems could enhance Coinbase’s payment capabilities. The exchange’s investment arm, Coinbase Ventures, already backs BVNK alongside other investors. Citi Ventures, Haun Ventures, and Visa also hold stakes in the London-based startup. A spokesperson stated that Coinbase “actively explores opportunities to advance its mission of expanding economic freedom.” Stablecoins Drive Revenue Growth Stablecoins generated nearly 20% of Coinbase’s total revenue in the third quarter. The exchange earns income through its partnership with Circle Internet Group, the issuer of USDC. This partnership allows Coinbase to receive a share of interest generated on reserves. The company has integrated USDC into Shopify’s payments ecosystem to promote mainstream adoption. Furthermore, Coinbase recently partnered with Citigroup to pilot…
Category: finance
Zach Pandl, head of research at Grayscale Investments, believes Solana exchange-traded funds (ETFs) could soon rival the success of Bitcoin and Ethereum investment products. He expects that within one to two years, about 5% of all Solana tokens could be held in regulated exchange-traded structures, a share worth over $5 billion at today’s prices. Visit Website.
That should be all the information you need to solve for the Form of payment native of 9 or 16 announced crossword clue! Be sure to check more clues on our Crossword Answers. The post Form of payment native of 9 or 16 announced Crossword Clue appeared first on Try Hard Guides.
Listen to the Facebook (META) Q3 2025 earnings call here
China’s state-owned COFCO bought three U. S. soybean cargoes this week, two trade sources said, the country’s first purchases from this year’s U. S. harvest ahead of this week’s summit of leaders Donald Trump and Xi Jinping. COFCO purchased about 180, 000 metric tons of soybeans for December and January shipment through Pacific Northwest port terminals, the sources said. COFCO did not immediately respond to a Reuters request for comment. Benchmark Chicago soybean futures prices jumped this week to their highest in 15 months, rebounding from recent five-year lows on hopes for a U. S.-China trade deal.
Utah Mammoth signed forward Logan Cooley on an eight-year, $80 million contract on Wednesday, after being eligible to sign since July 1.
The acquisition from Saudi Arabia PIF and others has caused EA to pause its investor relations events.
The Australian Securities and Investments Commission has clarified how existing financial laws apply to digital assets. The update aims to give investors more protection and provide firms with clearer rules ahead of future law reforms. Digital assets meet tradfi in London at the fmls25The clarification follows earlier proposals for full licensing and stronger consumer protections for crypto firms in Australia. Stablecoins, Tokens Classified as Financial ProductsASIC’s new guidance confirms that stablecoins, wrapped tokens, tokenised securities, and digital asset wallets are considered financial products under current law. This means that many providers offering these products will need to hold a financial services licence. ASIC Commissioner Alan Kirkland said that distributed ledger technology and tokenisation are changing global finance. He added that ASIC’s guidance gives firms the clarity they need to operate within existing laws. He explained that licensing ensures consumers receive legal protections and enables ASIC to take action when poor practices cause harm. To help firms adjust, ASIC has introduced a sector-wide no-action position that will last until 30 June 2026. During this period, the regulator will not take enforcement action against unlicensed providers making genuine efforts to comply. Public Feedback Open on Draft ReliefASIC also plans to provide temporary relief for distributors of stablecoins and wrapped tokens, and for custodians of digital assets that qualify as financial products. The regulator is seeking public feedback on these draft relief measures until 12 November 2025. No-Action Position Considered for Past BehaviourIn addition, ASIC released a summary of industry feedback from Consultation Paper 381, which focused on digital asset financial products and services. The feedback helped shape the current guidance, including the examples and relief measures now proposed. ASIC said it will consider the no-action position when assessing past behaviour but will continue to act against serious misconduct or practices that cause significant consumer harm. This article was written by Tareq Sikder at www. financemagnates. com.
OpenAI signs deal with PayPal to let users link wallets to ChatGPT for transactions
Charles Forelle, who recently left his role as deputy editor at The Wall Street Journal, has been hired at CBS News in a similar role, reports Lachlan Cartwright of Breaker. He had been deputy editor in chief at The Journal since 2023. He was previously financial editor and had been a reporter at the Journal since 2002, [.].