The biggest acquisition in the crypto industry is coming! Coinbase (COIN.US) Rumored to Buy BtcTurk for $3.2 Billion


Coinbase (COIN.US) plans to acquire Turkey’s largest cryptocurrency exchange, BtcTurk, for $3.2 billion, according to industry sources. If completed, the deal would break an industry record, the sources said.

In addition, “Sister Wood” Casey Wood’s Ark Fund increased its holdings of 167,810 Coinbase shares on April 20, totaling $24.7 million. Coinbase was up 2.32 percent at $150.55 in premarket trading on Wednesday.


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