Coinbase and Bybit in Investment Talks: Could Bybit Finally Enter the US Crypto Market?

TLDR: Coinbase and Bybit are in early-stage investment talks, with no official confirmation from either party yet. Bybit’s valuation is estimated at around $25 billion, mirroring ICE’s recent investment deal with OKX. The partnership could give Dubai-based Bybit a fully regulated entry point into the US crypto market. COIN stock rose 1.18% on the news, gaining nearly 20% over the past month amid rising investor confidence. Coinbase and Bybit are reportedly in discussions for a major investment deal. The potential partnership could give Dubai-based Bybit a regulated path into the US crypto market. Three sources confirmed the talks to WuBlockchain, although neither party has officially commented. No final outcome has been reached as of now. Exclusive: Coinbase, the largest cryptocurrency exchange in the US, is in talks with Bybit, the world's second-largest offshore exchange, for an investment partnership. Bybit hopes to use this opportunity to enter the compliant US market. Three sources confirmed this news to… pic.twitter.com/SXBJnbDOQG — Wu Blockchain (@WuBlockchain) March 14, 2026 Reports indicate Bybit’s valuation could reach around $25 billion, based on a comparable deal involving OKX and ICE. The deal could also expand Coinbase’s global reach if confirmed. Coinbase-Bybit Deal Could Open US Market to Offshore Exchange The current discussions between Coinbase and Bybit cover a broad range of possible cooperation. This includes potential investment and other forms of formal collaboration between the two exchanges. However, the talks remain exploratory, and no binding agreement has been reached yet. Bybit is the world’s second-largest offshore crypto exchange, headquartered in Dubai. The platform serves a large global user base and offers a wide range of trading products. Gaining a regulated foothold in the US market has been a strategic priority for the exchange. Coinbase, as the largest US-based crypto exchange, brings deep regulatory experience to the table. ...