Coinbase is reportedly in late-stage negotiations to acquire London-based stablecoin infrastructure startup BVNK in a deal valued at close to $2 billion. The acquisition is seen as a strategic move to accelerate Coinbase's expansion into digital payments and diversify its revenue streams beyond transaction fees, aligning with its broader "Everything Exchange" vision. The potential agreement, which could close by early 2026, would significantly bolster Coinbase's capabilities in the growing stablecoin payments sector. Coinbase's investment arm, Coinbase Ventures, is already an existing backer of BVNK. The deal remains under negotiation and is subject to change.