Coinbase Reportedly Exploring Strategic Investment Deal With Bybit Valued Near $25B
According to Wu Blockchain on March 14, 2026, Coinbase and Bybit are reportedly discussing a potential strategic investment partnership that could help Bybit access the compliant US market. The talks allegedly come as Bybit’s valuation is expected to be comparable to OKX’s recent $25 billion mark following its funding round. The rumored deal follows Coinbase’s $2.9 billion acquisition of derivatives platform Deribit in 2025 and OKX’s minority stake sale to Intercontinental Exchange.