Mastercard Beats Coinbase To Acquire Stablecoin Infra Company BVNK at $1.8Bn

Mastercard Acquires BVNK — Source: CoinGape In what appeared to be a closely contested bidding race, Mastercard has finally announced its acquisition of stablecoin infrastructure firm BVNK. The company had been at the center of a acquisition battle between Mastercard and Coinbase last year before the latter backed off in later 2025. However, according to a Bloomberg report, the deal has now been finalized, with Mastercard agreeing to acquire BVNK for up to $1.8 billion. BVNK CEO on the Acquisition Mast ...