bvnk

According to Financefeeds, stablecoin infrastructure provider BVNK has obtained a Crypto Asset Service Provider (CASP) license issued by the Malta Financial Services Authority (MFSA), allowing it to offer digital asset services regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) in Malta and expand these services across the European Economic Area (EEA).This license enables BVNK to operate under the EU's unified regulatory framework for crypto and digital asset service providers. BVNK stated that this approval strengthens its role as a regulated bridge between traditional euro payment rails and stablecoin settlements, primarily targeting businesses seeking compliant cross-border settlement solutions.

According to CoinDesk, payment giant Visa announced a partnership with digital asset infrastructure provider BVNK to integrate stablecoin functionality into its Visa Direct platform. This collaboration will allow businesses to use stablecoins for pre-funded payments in specific markets and send funds directly to recipients' digital wallets.

According to Fortune magazine, a spokesperson for the cryptocurrency exchange Coinbase confirmed that Coinbase has canceled acquisition talks with UK-based stablecoin startup BVNK. It is currently unclear why the two companies have shelved the deal, which had progressed to the due diligence stage, and in October, Coinbase and BVNK reached an exclusivity agreement, meaning BVNK could not accept offers from other bidders.A Coinbase spokesperson stated in a statement, "We are always looking for opportunities to expand our mission and product offerings. After discussing the possibility of acquiring BVNK, both parties agreed to no longer pursue this matter." BVNK helps customers use stablecoins for payments, cross-border transactions, and other application scenarios, with an acquisition price of approximately $2 billion. If the deal had gone through, the amount would have been nearly double the $1.1 billion that fintech giant Stripe paid in February this year to acquire stablecoin startup Bridge.

According to Bloomberg, citing informed sources, Coinbase Global Inc. is in the late stages of negotiations to acquire the stablecoin infrastructure startup BVNK, with a deal value potentially reaching $2 billion.The acquisition is expected to be completed by the end of 2025 or early 2026. Founded in 2021, BVNK provides enterprise-level stablecoin payment services, and Coinbase Ventures is already an investor. This move comes as the stablecoin business becomes increasingly important for Coinbase, with stablecoin operations accounting for 20% of Coinbase's total revenue in the third quarter of 2025, approximately $246 million.

According to Bloomberg, sources revealed that the American cryptocurrency exchange Coinbase Global Inc. is in late-stage acquisition talks with stablecoin infrastructure startup BVNK, aiming to complete the deal for approximately $2 billion, pending due diligence.Coinbase's venture capital arm, Coinbase Ventures, is one of the investors in BVNK, and the deal is expected to be finalized later this year or early next year. The terms of the deal may change, and the final transaction could still fall through.

According to Jinshi News, Coinbase plans to acquire the stablecoin infrastructure startup BVNK for $2 billion to promote its new stablecoin business.

ChainCatcher news, according to Fortune magazine, Coinbase is in advanced talks with Mastercard to acquire the London-based stablecoin infrastructure company BVNK, with a price range of approximately $1.5 billion to $2.5 billion. Currently, Coinbase has the upper hand, but the deal has not been finalized. If completed, it will become the largest stablecoin acquisition to date.BVNK was founded in 2021 and provides services such as stablecoin trading, cross-border payments, and fund management for enterprises. In December 2024, it raised $50 million in funding, with a valuation of about $750 million. Investors include Haun Ventures, Coinbase Ventures, and Tiger Global, with recent participation from Visa and Citi's venture capital. Stripe acquired Bridge for $1.1 billion this year. BVNK, Mastercard, and Coinbase have not commented.

ChainCatcher news, according to market sources, Citi Ventures has invested in the stablecoin infrastructure startup BVNK, with the amount undisclosed.BVNK provides a stablecoin payment rail that supports two-way settlement between fiat and crypto assets; co-founder Chris Harmse stated that the company's valuation is above the previously disclosed $750 million. Its growth in the U.S. market is the fastest, driven by the U.S. stablecoin regulatory bill GENIUS Act. Citi is evaluating the issuance of its own stablecoin and expanding crypto custody. In the past 12 months, stablecoin trading volume has approached $9 trillion (Visa), with a total market capitalization exceeding $300 billion (CoinMarketCap). BVNK is also supported by Coinbase and Tiger Global.

ChainCatcher news, according to Coindesk, the venture capital arm of global payment service provider Visa (V) has made a strategic investment in the startup BVNK, which is building a stablecoin-based payment infrastructure. This move reflects the trend of traditional financial companies entering the blockchain-driven currency flow. A spokesperson for BVNK confirmed in an email that the deal has been completed but declined to disclose the size of the investment.The software developed by BVNK allows businesses to send and receive stablecoins in global markets. The London-based company stated that its annual stablecoin transaction volume has reached $12 billion and has recently entered the U.S. market, with offices in New York and San Francisco. The company has applied for licenses in all U.S. states and has received approvals in several states.

ChainCatcher news, according to Fortune, UK stablecoin infrastructure company BVNK has raised $50 million in a Series B funding round, led by the large cryptocurrency-focused fund Haun Ventures, with participation from Coinbase Ventures and existing investor Tiger Global.According to a source familiar with the transaction, this funding round values BVNK at approximately $750 million.According to the Web3 asset data platform RootData, BVNK provides banking services and payments for crypto-native businesses. Companies using BVNK can accept payments in both fiat and cryptocurrencies, hold hundreds of different currencies and crypto assets, and send funds worldwide.

ChainCatcher news, according to Bloomberg citing informed sources, the stablecoin payment company BVNK, backed by Tiger Global, is in preliminary financing talks with potential investors, aiming to raise at least $50 million. The valuation and specific amount of this round of financing may change during negotiations.BVNK's financing plan comes shortly after payment giant Stripe acquired a significant player in the stablecoin payment sector, demonstrating venture capital firms' continued optimism about the stablecoin payment space.

ChainCatcher news, the crypto bank startup BVNK officially announced that it has become a UK Electronic Money Institution (EMI) licensed operator by acquiring the UK-regulated financial institution SPS LTD, with the specific acquisition amount not disclosed.Previously reported, the crypto startup BVNK announced in May that it completed a $40 million Series A funding round at a post-money valuation of $340 million, led by Tiger Global, with participation from investors such as The Raba Partnership, Avenir, Kingsway Capital, Nordstar, Concentric, and Base Capital. (source link)