Coinbase Buys Blockchain Infrastructure Startup Bison Trails

Bison Trails already partnered with Coinbase through its custody service.

Coinbase CEO Brian Armstrong

Cryptocurrency exchange Coinbase announced it's buying blockchain infrastructure company Bison Trails.

Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a "foundational element" of the Coinbase product suite, the top U.S. cryptocurrency exchange said in a Tuesday blog post. Terms of the deal were not disclosed.

Bison Trails did not immediately respond to a request for comment.

This story will be updated.

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.