Coinbase and Bybit Pursue Strategic Investment Partnership

Two major players in the cryptocurrency industry, Coinbase and Bybit, are reportedly in talks for an investment partnership.

The news was first reported by Wu Blockchain, citing three sources that confirmed the information.

This potential collaboration would allow Bybit to enter the US market, which is a significant step for the company.

According to reports, Bybit's valuation could match OKX's after its recent funding event, putting it at around $25 billion.