Coinbase plans to acquire stablecoin infrastructure startup BVNK for $2 billion.

According to sources familiar with the matter, Coinbase (stock code: COIN.O), a well-known cryptocurrency exchange, is planning to acquire BVNK, a stablecoin infrastructure startup, for approximately $2 billion.

This move is seen as a key strategic step for Coinbase to accelerate its stablecoin business development. If the transaction is successfully completed, it will significantly enhance Coinbase's infrastructure capabilities in the stablecoin field and is expected to further solidify its comprehensive ecosystem advantage in the digital asset industry.

As a leading global cryptocurrency exchange, Coinbase has been continuously expanding its business boundaries in recent years, especially increasing its investment in key infrastructure areas such as stablecoins. BVNK, a startup focused on providing stablecoin issuance, clearing, and on-chain settlement solutions for financial institutions, is considered by the market to have a technological framework and compliance capabilities that are important reasons attracting Coinbase's interest.

Through the acquisition of BVNK, Coinbase will be able to quickly build an independent and controllable stablecoin issuance and management system, reduce its reliance on external stablecoins (such as USDC), and enhance its business integration capabilities in scenarios such as payments, cross-border transfers, and DeFi.

Industry analysts point out that as the global stablecoin market continues to expand, mastering the underlying technology of stablecoins has become a strategic priority for leading trading platforms.

Coinbase's acquisition not only aims to strengthen its control over assets but also reflects its intention to build a more complete closed-loop ecosystem in the digital currency financial infrastructure field. This transaction is expected to further stimulate industry attention to the stablecoin sector and may drive more consolidation and investment.