According to the source, Bakkt Holdings will acquire stablecoin firm Distributed Technologies Research in an equity deal. According to the source, the announcement sent Bakkt shares up 18% intraday.

According to the source, Bakkt’s share price jumped 18% following a stablecoin firm acquisition, highlighting a catalyst-driven move in crypto-exposed equities that traders may track for momentum and liquidity shifts, source: the provided tweet dated Jan 12, 2026. The timing links the price surge directly to the acquisition headline, marking a notable event-driven reaction for Bakkt within the digital asset ecosystem, source: the provided tweet dated Jan 12, 2026.

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).