PANews reported on October 30th that, according to Fortune magazine, sources revealed that payment giant Mastercard has entered late-stage negotiations to acquire cryptocurrency and stablecoin infrastructure startup Zerohash for between $1.5 billion and $2 billion. The deal could still fall through, but if completed, it would be Mastercard's largest investment in the stablecoin sector to date. Prior to this potential acquisition, Mastercard had held talks with stablecoin startup BVNK. Sources say that the Mastercard payment network had late-stage negotiations with Coinbase to acquire the startup for approximately $2 billion, and Coinbase appears to have won the bidding war, securing an exclusive agreement with the company, meaning BVNK cannot accept offers from other bidders.PANews reported on October 30th that, according to Fortune magazine, sources revealed that payment giant Mastercard has entered late-stage negotiations to acquire cryptocurrency and stablecoin infrastructure startup Zerohash for between $1.5 billion and $2 billion. The deal could still fall through, but if completed, it would be Mastercard's largest investment in the stablecoin sector to date. Prior to this potential acquisition, Mastercard had held talks with stablecoin startup BVNK. Sources say that the Mastercard payment network had late-stage negotiations with Coinbase to acquire the startup for approximately $2 billion, and Coinbase appears to have won the bidding war, securing an exclusive agreement with the company, meaning BVNK cannot accept offers from other bidders.
Mastercard plans to acquire crypto startup Zerohash for up to $2 billion.
For feedback or concerns regarding this content, please contact us at [email protected]
PANews reported on October 30th that, according to Fortune magazine, sources revealed that payment giant Mastercard has entered late-stage negotiations to acquire cryptocurrency and stablecoin infrastructure startup Zerohash for between $1.5 billion and $2 billion. The deal could still fall through, but if completed, it would be Mastercard's largest investment in the stablecoin sector to date.
Prior to this potential acquisition, Mastercard had held talks with stablecoin startup BVNK. Sources say that the Mastercard payment network had late-stage negotiations with Coinbase to acquire the startup for approximately $2 billion, and Coinbase appears to have won the bidding war, securing an exclusive agreement with the company, meaning BVNK cannot accept offers from other bidders.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Forward Industries Bets Big on Solana With $4B Capital Plan
The firm has filed with the U.S. Securities and Exchange Commission to launch a $4 billion at-the-market (ATM) equity program, […] The post Forward Industries Bets Big on Solana With $4B Capital Plan appeared first on Coindoo.
Share
Coindoo2025/09/18 04:15
JTO Technical Analysis Mar 14
The post JTO Technical Analysis Mar 14 appeared on BitcoinEthereumNews.com. JTO is stuck in a narrow range around $0.28 and is at a critical decision point due
Share
BitcoinEthereumNews2026/03/14 14:08
EU Commissioner pledges to advance pension and cryptocurrency reforms this year
PANews reported on September 19th that, according to Jinshi, the European Union has set a year-end target for further measures to boost pension investments and streamline trading processes, in an effort to inject momentum into the revival of Europe's capital markets. EU Financial Services Commissioner Albuquerque announced the plan on Thursday. She also announced that the European Commission is considering granting direct supervisory authority to the European Securities and Markets Authority (ESMA), its top market regulator based in Paris. She stated that with the transfer of supervisory authority to ESMA, the Commission will consider the feasibility of centralized oversight of certain market infrastructures, such as central counterparties, central securities depositories, and trading venues. She added that emerging sectors, such as cryptoasset service providers, would also benefit from more centralized supervision, emphasizing that such a move would not diminish the role of national regulators.
Share
PANews2025/09/19 07:49