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Coinbase’s plans to purchase firm behind Mercado Bitcoin fall through: Report

The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform.
Coinbase and Brazilian company 2TM, the parent company of Mercado Bitcoin, have reportedly scrapped talks around the crypto exchange purchasing the firm.According to a Tuesday Bloomberg report, 2TM and Coinbase have ended discussions around the United States-based crypto exchange buying the Brazilian company, which was valued at more than $2 billion. It’s unclear what led to the purchase not going through, as 2TM reportedly declined to comment and a Coinbase spokesperson said it was simply “committed to the Brazilian market.”Coinbase and 2TM scrapped talks over a possible purchase by the exchange of the Brazilian cryptocurrency brokerage https://t.co/HmZxDj7Koi— Bloomberg Crypto (@crypto) May 4, 2022

As the parent company of Mercado Bitcoin — one of the largest crypto broke

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We współpracy z: https://cointelegraph.com/news/coinbase-s-plans-to-purchase-firm-behind-mercado-bitcoin-fall-through-report

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