Crypto exchange Coinbase to expand in Turkey with the acquisition of BtcTurk

U.S.-based crypto exchange Coinbase is moving ahead with its international expansion plans. The company is reportedly set on acquiring Turkeys largest crypto platform BtcTurk. As part of its international expansion strategy, the worlds second-largest crypto exchange, Coinbase, will be acquiring BtcTurk, according to Forbes India. The transaction is reportedly valued at $3.2 billion, which was reduced from the original $5 billion asking price after negotiations. Sources knowledgeable on the matter revealed that one or both firms have already signed a term sheet. At the moment, Coinbase...



source: https://tokenpost.com/Crypto-exchange-Coinbase-to-expand-in-Turkey-with-the-acquisition-of-BtcTurk-9587

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