Insiders: Blockchain.com has not sold any subsidiaries and has not engaged in discussions with Coinbase regarding potential deals

According to Chain Catcher news, as reported by The Block citing informed sources, Blockchain.com has not sold any subsidiaries and has not engaged in discussions with Coinbase regarding a potential deal. Instead, Blockchain.com has sold non-liquid positions to profit and enhance liquidity for acquisition activities. This statement has been confirmed as true by Blockchain.com.

Previously, according to Decrypt citing informed sources, Blockchain.com has been selling assets to fill a $270 million funding gap caused by Three Arrows Capital. Its venture capital arm, BlockchainVentures, recently sold 80% of its stake in PolySign, and executives have been in discussions with Coinbase regarding potential business acquisitions. (Source link)