Coinbase is in talks with Bybit about an investment partnership, which could help it advance its compliant market strategy in the United States.

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According to ChainCatcher, Wu Blockchain reports that Coinbase is in talks with Bybit about an investment and partnership agreement, with Bybit hoping to use this opportunity to enter the compliant US market.

The report states that ICE previously invested in the offshore exchange OKX at a valuation of approximately $25 billion, and the market expects Bybit's valuation to be similar to OKX's.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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