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Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report -Breaking

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Coinbase plans to buy crypto exchange BtcTurk for $3.2B: Report

Coinbase, a major cryptocurrency exchange based in the United States (NASDAQ:), is reported to be planning to buy BtcTurk at $3.2 billion.

Turkish media outlet Webrazzi cited Mergermarket’s Thursday report. negotiatedA price that is based on market behaviour of the Turkish Lira (and)BTCThe total cost of the transaction was approximately $3.2 billion. According to reports, one or both firms has already signed a termsheet.