According to @CoinMarketCap, Fortune reports that Coinbase has terminated its planned $2B acquisition of UK stablecoin firm BVNK, with both parties mutually agreeing not to proceed following the due diligence process (source: Fortune via @CoinMarketCap, Nov 11, 2025). As a result of the reported cancellation, BVNK will remain independent and Coinbase will not acquire BVNK through this deal (source: Fortune via @CoinMarketCap).