Search Results for "Coinbase"
10 results for "Coinbase"
Deals 10
Coinbase Receives Conditional OCC Approval for National Trust Bank Charter
The OCC granted Coinbase conditional approval for a national trust bank charter on April 2, 2026. The entity, Coinbase National Trust Company, will operate as a federally regulated digital asset custodian headquartered in New York. Coinbase must meet preopening conditions including compliance systems and AML controls before receiving final approval. The federal charter replaces a patchwork of state licenses, enabling nationwide operations under a single regulatory framework.
Cross River Bank Raises $50M Equity to Scale Embedded Finance Platform
Cross River Bank, via parent CRB Group, raised $50 million in common equity from existing investors including T. Rowe Price Investment Management. The funding will scale its API-driven core banking system (COS) powering embedded finance for over 100 fintech partners. CEO Gilles Gade framed the strategy as "embedded finance 2.0," bundling payments, cards, lending, and crypto on one AI-enhanced platform.
BVNK Secures Strategic Backing from Visa Ventures and Citi Ventures
BVNK, a stablecoin-based payments infrastructure platform, received strategic investment from Visa Ventures and Citi Ventures alongside Haun Ventures, Coinbase Ventures, and Tiger Global. The funding validates stablecoins as enterprise-grade financial infrastructure as BVNK processes $30 billion in annualized stablecoin payment volume. The investment supports BVNK's expansion of embedded wallets, new US payment rails, and AI-driven onboarding across 130+ countries.
Cardless Launches Embedded Credit Card Platform with Coinbase as First Partner
Cardless unveiled an API-based embedded credit card platform enabling brands to build custom credit card programs natively within their apps. Coinbase is the first partner, gaining full control over user experience and rewards customization. The platform bypasses traditional co-branded credit card models in favor of deeply integrated, brand-native experiences.
Coinbase Acquires Crypto Derivatives Exchange Deribit for $2.9 Billion
Coinbase agreed to acquire Deribit, a leading crypto derivatives exchange, for $2.9 billion in a mix of cash and stock. The deal comprises $700 million in cash and 11 million Coinbase shares. This is one of the largest crypto-sector acquisitions and expands Coinbase's embedded crypto trading infrastructure.
BVNK Raises $50M Series B for Stablecoin Payment Infrastructure
BVNK, a stablecoin payments infrastructure provider, raised $50M in a Series B led by Haun Ventures with participation from Coinbase Ventures. The funding will scale its B2B payment APIs for global businesses using stablecoins. The round signals growing institutional interest in stablecoin-based embedded payment infrastructure.
Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe acquired Bridge, a stablecoin infrastructure platform, for $1.1 billion in the largest crypto acquisition at the time. Bridge was founded by Coinbase and Square alumni and had raised $40 million led by Sequoia. The deal strengthens Stripe's ability to offer fast, low-cost stablecoin-based payments across chains like Solana, Ethereum, and Polygon.
Cross River Bank Raises $620M at Over $3B Valuation
Cross River Bank, a leading BaaS provider, raised $620 million in a funding round valuing the company at over $3 billion. The round was led by Eldridge and Andreessen Horowitz with participation from T. Rowe Price, Whale Rock, and Hanaco Ventures. The capital will fuel expansion in payments, lending, and banking-as-a-service for its 80+ fintech partners including Affirm, Coinbase, and Stripe.
Stripe Raises $100M Series E Extension at $22.5B Valuation
Stripe raised $100 million in a Series E extension led by Tiger Global Management, reaching a $22.5 billion valuation. This made Stripe the world's most valuable private fintech, ahead of Square and Coinbase. The funding supported Stripe's expansion into embedded finance-like services including POS terminals and cash advances.
Plaid Raises $250M Series C at $2.65B Valuation for Banking API Platform
Plaid, a banking API infrastructure company, raised $250 million in a Series C round at a $2.65 billion valuation, led by Mary Meeker of Kleiner Perkins. New investors included Andreessen Horowitz and Index Ventures, bringing total funding to $310 million. Plaid's APIs connect fintech apps like Venmo, Robinhood, and Coinbase to over 10,000 U.S. and Canadian banks, powering apps used by 25% of U.S. bank account holders.