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Mastercard Plans to Acquire Stablecoin Infrastructure Startup BVNK for Up to $1.8 Billion
17/03/2026 08:10
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Svmuu News Payment giant Mastercard plans to acquire stablecoin infrastructure startup BVNK in a deal valued at up to $1.8 billion, which includes $300 million in contingent consideration. This acquisition news comes just four months after the breakdown of merger talks between BVNK and Coinbase, which were valued at approximately $2 billion. Both parties jointly issued a statement on Tuesday confirming the aforementioned transaction. (Bloomberg)
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