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).

According to @AggrNews, Fortune reports that Lighter raised $68 million at a $1.5 billion valuation in a round led by Founders Fund and Ribbit Capital, source: Fortune. For trading context, the confirmed deal size and headline valuation offer a clear late-stage fintech benchmark for private-market comparables and capital flow tracking, source: Fortune via @AggrNews.