Exclusive: Coinbase and Bybit in talks for investment partnership

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Wu Blockchain exclusively learned that Coinbase, the largest cryptocurrency exchange in the US, is in talks with Bybit, the world's second-largest offshore exchange, regarding an investment partnership. Bybit hopes to use this opportunity to enter the compliant US market. Three sources confirmed this news to Wu Blockchain. Earlier, ICE invested in the offshore exchange OKX at a valuation of $35 billion, and Bybit's valuation is expected to be similar. Coinbase acquired Deribit last year for $2.9 billion.

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