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Reports: Coinbase exploring strategic stake in Bybit to help offshore exchange enter U.S. market

21h agoMar 14, 2026, 1:31 PMNewsroom AI

Coinbase is reportedly in talks with Bybit over a potential strategic investment and cooperation, according to reporting that cites Wu Blockchain and other sources [1] [2] [3].

Those reports describe a structure in which Coinbase would take an investment stake in Bybit, with the partnership serving as Bybit’s primary pathway into the regulated U.S. market; the coverage identifies Bybit as the world’s second-largest offshore exchange [1].

Three sources told reporters they were aware of the talks, and social media amplified the story, but neither Coinbase nor Bybit has publicly confirmed the discussions [2] [3] [4].

As reported, discussions appear to be ongoing and the proposed terms remain unverified by the companies involved [1] [3].

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