Mastercard, one of the global leaders in payment technology, is in the final stages of negotiations to acquire the American crypto startup Zerohash. According to industry sources, the potential deal could reach $2 billion, although its final completion is not guaranteed at this time.
This is reported by Business • Media
Investments and Activities of Zerohash
Zerohash specializes in providing infrastructure solutions for stablecoins and other digital assets. The startup has already attracted the attention of leading investors: in its previous funding round, the company raised $104 million, with participants including Interactive Brokers, Morgan Stanley, SoFi, Apollo, and several strategic partners.
Mastercard’s Plans in the Digital Asset Space
Previously, Mastercard considered the possibility of acquiring another crypto project — BVNK, which is also working on solutions for stablecoins. Negotiations with BVNK reached the final stage, but the exclusive right to further negotiations was granted to Coinbase. The potential deal with BVNK was also valued at $2 billion.
“Mastercard is already implementing crypto services, and stablecoins are seen as a useful tool for accelerating transactions,” said Christian Rau, head of Mastercard’s cryptocurrency division in Europe.
The company emphasizes that it views cryptocurrencies primarily as a promising payment technology, rather than a revolutionary change in the financial sector. This approach reflects Mastercard’s strategic vision for the development of digital assets in the future.