Coinbase and Mastercard battle to acquire stablecoin firm BVNK. BVNK’s $20B processing volume attracts major financial institutions. Deal could reshape global stablecoin infrastructure and enterprise payments. Coinbase and Mastercard are both reportedly locked in advanced talks to acquire BVNK, a London-based stablecoin infrastructure startup. According to sources familiar with the matter, the potential sale price ranges between $1.5 billion and $2.5 billion. While neither company has issued formal statements, insiders claim Coinbase currently holds a slight lead in negotiations over Mastercard. If completed, this deal would mark the largest known acquisition of a stablecoin firm to date, exceeding Stripe’s $1.1 billion purchase of payments platform Bridge. Also Read: Dogecoin Shines Alone: Bitcoin, Ethereum, and Others Fall in 24 Hours Rising Competition in the Stablecoin Industry BVNK, which was founded in 2021, offers stablecoin payment infrastructure services to prominent enterprise clients such as Worldpay, Flywire, and dLocal. According to its statements, it processes more than $20 billion in transactions annually. In parallel, institutional interest in stablecoins continues to rise. Citi Ventures recently made a strategic investment in BVNK, underscoring growing confidence from established financial entities. Meanwhile, recent U.S. legislation the GENIUS Act has clarified regulatory standards for dollar-pegged stablecoins, potentially increasing acquisition appeal. Additionally, USDC issuer Circle recently completed a public listing, and the stablecoin market overall has surpassed $300 billion in capitalization. A Turning Point for Stablecoin Infrastructure By pursuing BVNK, Coinbase would expand beyond its exchange roots into deeper infrastructure services. Such a move would strengthen its enterprise offerings and solidify its position in stablecoin payments. Mastercard, on the other hand, would gain direct access to next-generation infrastructure and accelerate its digital payments buildout. The timing aligns with a broader shift in the crypto ecosystem toward institutional adoption. Heightened regulatory clarity and rising stablecoin adoption make infrastructure firms like BVNK increasingly valuable. A victorious acquirer would gain both technology and client networks crucial for scaling global stablecoin payments. If Coinbase ultimately secures the deal, it would signal a strategic pivot toward infrastructure dominance. For Mastercard, a win would validate its crypto ambitions and further bridge traditional finance with tokenized payments. At stake is not just control of BVNK’s capabilities, but influence over the future of enterprise stablecoin integration across global finance. Also Read: $607M Wiped Out: XRP on the Brink as Traders Face Brutal Liquidations The post Coinbase and Mastercard Vie to Acquire London’s BVNK in $1.5B–$2.5B Duel appeared first on 36Crypto. Coinbase and Mastercard battle to acquire stablecoin firm BVNK. BVNK’s $20B processing volume attracts major financial institutions. Deal could reshape global stablecoin infrastructure and enterprise payments. Coinbase and Mastercard are both reportedly locked in advanced talks to acquire BVNK, a London-based stablecoin infrastructure startup. According to sources familiar with the matter, the potential sale price ranges between $1.5 billion and $2.5 billion. While neither company has issued formal statements, insiders claim Coinbase currently holds a slight lead in negotiations over Mastercard. If completed, this deal would mark the largest known acquisition of a stablecoin firm to date, exceeding Stripe’s $1.1 billion purchase of payments platform Bridge. Also Read: Dogecoin Shines Alone: Bitcoin, Ethereum, and Others Fall in 24 Hours Rising Competition in the Stablecoin Industry BVNK, which was founded in 2021, offers stablecoin payment infrastructure services to prominent enterprise clients such as Worldpay, Flywire, and dLocal. According to its statements, it processes more than $20 billion in transactions annually. In parallel, institutional interest in stablecoins continues to rise. Citi Ventures recently made a strategic investment in BVNK, underscoring growing confidence from established financial entities. Meanwhile, recent U.S. legislation the GENIUS Act has clarified regulatory standards for dollar-pegged stablecoins, potentially increasing acquisition appeal. Additionally, USDC issuer Circle recently completed a public listing, and the stablecoin market overall has surpassed $300 billion in capitalization. A Turning Point for Stablecoin Infrastructure By pursuing BVNK, Coinbase would expand beyond its exchange roots into deeper infrastructure services. Such a move would strengthen its enterprise offerings and solidify its position in stablecoin payments. Mastercard, on the other hand, would gain direct access to next-generation infrastructure and accelerate its digital payments buildout. The timing aligns with a broader shift in the crypto ecosystem toward institutional adoption. Heightened regulatory clarity and rising stablecoin adoption make infrastructure firms like BVNK increasingly valuable. A victorious acquirer would gain both technology and client networks crucial for scaling global stablecoin payments. If Coinbase ultimately secures the deal, it would signal a strategic pivot toward infrastructure dominance. For Mastercard, a win would validate its crypto ambitions and further bridge traditional finance with tokenized payments. At stake is not just control of BVNK’s capabilities, but influence over the future of enterprise stablecoin integration across global finance. Also Read: $607M Wiped Out: XRP on the Brink as Traders Face Brutal Liquidations The post Coinbase and Mastercard Vie to Acquire London’s BVNK in $1.5B–$2.5B Duel appeared first on 36Crypto.

Coinbase and Mastercard Vie to Acquire London’s BVNK in $1.5B–$2.5B Duel

2025/10/10 16:01
  • Coinbase and Mastercard battle to acquire stablecoin firm BVNK.
  • BVNK’s $20B processing volume attracts major financial institutions.
  • Deal could reshape global stablecoin infrastructure and enterprise payments.

Coinbase and Mastercard are both reportedly locked in advanced talks to acquire BVNK, a London-based stablecoin infrastructure startup. According to sources familiar with the matter, the potential sale price ranges between $1.5 billion and $2.5 billion.


While neither company has issued formal statements, insiders claim Coinbase currently holds a slight lead in negotiations over Mastercard. If completed, this deal would mark the largest known acquisition of a stablecoin firm to date, exceeding Stripe’s $1.1 billion purchase of payments platform Bridge.


Also Read: Dogecoin Shines Alone: Bitcoin, Ethereum, and Others Fall in 24 Hours


Rising Competition in the Stablecoin Industry

BVNK, which was founded in 2021, offers stablecoin payment infrastructure services to prominent enterprise clients such as Worldpay, Flywire, and dLocal. According to its statements, it processes more than $20 billion in transactions annually.


In parallel, institutional interest in stablecoins continues to rise. Citi Ventures recently made a strategic investment in BVNK, underscoring growing confidence from established financial entities.


Meanwhile, recent U.S. legislation the GENIUS Act has clarified regulatory standards for dollar-pegged stablecoins, potentially increasing acquisition appeal. Additionally, USDC issuer Circle recently completed a public listing, and the stablecoin market overall has surpassed $300 billion in capitalization.


A Turning Point for Stablecoin Infrastructure

By pursuing BVNK, Coinbase would expand beyond its exchange roots into deeper infrastructure services. Such a move would strengthen its enterprise offerings and solidify its position in stablecoin payments. Mastercard, on the other hand, would gain direct access to next-generation infrastructure and accelerate its digital payments buildout.


The timing aligns with a broader shift in the crypto ecosystem toward institutional adoption. Heightened regulatory clarity and rising stablecoin adoption make infrastructure firms like BVNK increasingly valuable. A victorious acquirer would gain both technology and client networks crucial for scaling global stablecoin payments.


If Coinbase ultimately secures the deal, it would signal a strategic pivot toward infrastructure dominance. For Mastercard, a win would validate its crypto ambitions and further bridge traditional finance with tokenized payments.


At stake is not just control of BVNK’s capabilities, but influence over the future of enterprise stablecoin integration across global finance.


Also Read: $607M Wiped Out: XRP on the Brink as Traders Face Brutal Liquidations


The post Coinbase and Mastercard Vie to Acquire London’s BVNK in $1.5B–$2.5B Duel appeared first on 36Crypto.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
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Shocking Crypto Scam Exposed: Group Referred to Prosecutors Over $4.3M Fraud

Shocking Crypto Scam Exposed: Group Referred to Prosecutors Over $4.3M Fraud

BitcoinWorld Shocking Crypto Scam Exposed: Group Referred to Prosecutors Over $4.3M Fraud The world of cryptocurrency, while offering exciting opportunities, also harbors significant risks. A recent incident in South Korea serves as a stark reminder, where a group accused of orchestrating a massive crypto scam has been referred to prosecutors. This alleged fraud, totaling 5.8 billion won (approximately $4.3 million), highlights the crucial need for vigilance among investors. Unpacking the Deception: How This Crypto Scam Unfolded According to reports from YTN, the accused group allegedly defrauded 27 unsuspecting investors through a series of elaborate tactics. Their scheme was not just about empty promises; it involved sophisticated manipulation designed to exploit trust and greed. Understanding these methods is key to recognizing potential red flags in the future. Price Manipulation: The ring reportedly manipulated the prices of certain digital coins, creating an artificial sense of value and growth. This tactic makes an investment seem more attractive than it truly is. False Exchange Listings: A major part of their deception involved falsely claiming that specific tokens would soon be listed on prominent cryptocurrency exchanges. Such listings typically lead to price surges, making these claims highly enticing to investors. Guaranteed Returns: Luring victims with promises of large, guaranteed returns on coins that the group personally vouched for was another core element. In the volatile crypto market, “guaranteed returns” are often a tell-tale sign of a scam. These methods collectively created a compelling illusion of a lucrative, low-risk investment, ultimately leading to significant financial losses for the victims. Who Were the Victims of This Massive Crypto Scam? The scale of this operation is considerable, impacting 27 individual investors who collectively lost millions. Each victim likely had hopes of financial growth, only to face the harsh reality of fraud. This incident underscores that even experienced individuals can fall prey to well-crafted schemes, especially when promises of quick wealth are involved. It’s a sobering reminder that the allure of rapid profits can sometimes overshadow critical due diligence. The referral of this group to prosecutors marks a significant step towards justice for those affected by this devastating crypto scam. Why Do These Crypto Scams Continue to Thrive? Despite increasing awareness, crypto scams unfortunately persist. Several factors contribute to their prevalence in the digital asset space: Market Volatility and Hype: The inherent volatility of the crypto market, combined with periods of intense hype, creates an environment ripe for exploitation. Investors eager for quick gains can become less cautious. Complexity and Information Asymmetry: Cryptocurrencies can be complex, and not all investors fully understand the underlying technology or market dynamics. Scammers leverage this knowledge gap. Regulatory Gaps: While regulations are evolving, the decentralized nature of crypto often means there are still gaps that fraudsters can exploit, especially across international borders. Anonymity: The pseudo-anonymous nature of some blockchain transactions can make it challenging to trace funds and identify perpetrators, emboldening criminals. Understanding these contributing factors is the first step in building a stronger defense against such fraudulent activities. Protecting Yourself: Actionable Insights Against Crypto Scams In a landscape where sophisticated fraud like this $4.3 million crypto scam can occur, proactive measures are essential. Here are vital steps you can take to safeguard your investments: Do Your Own Research (DYOR): Always thoroughly investigate any project or token before investing. Look for whitepapers, team backgrounds, community sentiment, and genuine utility. Be Skeptical of “Guaranteed Returns”: No legitimate investment, especially in crypto, can promise guaranteed high returns. If it sounds too good to be true, it almost certainly is. Verify Exchange Listings: Always check official exchange announcements directly on their websites, not through third-party claims or unofficial channels. Understand the Risks: Acknowledge that cryptocurrency investments carry inherent risks, and never invest more than you can afford to lose. Seek Independent Advice: If unsure, consult with a trusted financial advisor who understands the crypto market. By adopting a cautious and informed approach, investors can significantly reduce their vulnerability to fraudulent schemes. The Road Ahead: Legal Action and Investor Vigilance The referral of this group to South Korean prosecutors signals a commitment to tackling financial crime in the crypto sector. Legal actions like this are crucial not only for seeking justice for victims but also for deterring future fraudsters. However, legal processes can be lengthy and complex. Ultimately, the best defense against a crypto scam remains an educated and vigilant investor community. Staying informed about common scam tactics and adhering to best practices for digital asset security are paramount for navigating the evolving cryptocurrency landscape safely. This incident in South Korea serves as a powerful cautionary tale, reminding us that while the crypto market offers innovation, it also demands unwavering caution. Protecting your digital assets starts with awareness, thorough research, and a healthy dose of skepticism towards promises that seem too good to be true. Let this serve as a crucial lesson for all participants in the cryptocurrency space. Frequently Asked Questions (FAQs) About Crypto Scams Q1: What exactly is a crypto scam? A crypto scam is a fraudulent scheme designed to trick individuals into investing in fake cryptocurrencies, projects, or platforms, often with promises of high, guaranteed returns, leading to financial loss for the victims. Q2: How can I identify a potential crypto scam? Look for red flags such as guaranteed high returns, pressure to invest quickly, anonymous teams, vague project details, unofficial communication channels, and claims of exclusive access or listings that cannot be verified. Q3: What should I do if I suspect a crypto scam? If you suspect a scam, do not invest. If you have already invested, stop all communication with the perpetrators, gather all evidence, and report the incident to relevant financial authorities or law enforcement in your region. Q4: Are all cryptocurrencies risky investments? All investments carry some level of risk, and cryptocurrencies are known for their volatility. However, legitimate projects differ significantly from scams. Thorough research and understanding the inherent risks are crucial for any crypto investment. Q5: How can regulators help prevent crypto scams? Regulators play a vital role by establishing clear guidelines, enforcing anti-fraud laws, prosecuting offenders, and educating the public about the risks involved in cryptocurrency investments. International cooperation is also key to tackling cross-border scams. Stay informed and help protect others in the crypto community! If you found this article helpful, please share it on your social media platforms to raise awareness about the dangers of crypto scams and how to avoid them. To learn more about the latest cryptocurrency market trends, explore our article on key developments shaping investor safety and the future of digital assets. This post Shocking Crypto Scam Exposed: Group Referred to Prosecutors Over $4.3M Fraud first appeared on BitcoinWorld.
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Coinstats2025/10/29 15:40