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Coinbase, MasterCard both in talks to acquire BVNK, Fortune reports

Coinbase (COIN) and MasterCard (MA) have each held advanced takeover talks to acquire London-based stablecoin firm BVNK, Fortune’s Ben Weiss and Leo Schwartz report, citing six sources familiar with the dealings. The terms and winning suitor have not been determined, but the sale price is slated to range between $1.5B-$2.5B, the authors say, noting that the talks may not lead to a final deal. Coinbase, at this moment, seems to have the inside track over MasterCard, threes sources told Fortune.

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