Mastercard in late-stage talks to acquire Zerohash for up to $2B in stablecoin push
Summary
Global payments firm Mastercard is nearing a deal to acquire ZeroHash, a crypto and stablecoin infrastructure provider, for almost $2 billion, according to reports. ZeroHash specializes in enabling seamless fiat-to-crypto conversions and trading services for major financial institutions, including supporting a recent retail crypto trading service for a major investment bank. This potential acquisition underscores the increasing competition among traditional payment giants to bolster their digital asset capabilities and integrate crypto services for mainstream adoption, positioning ZeroHash as a key asset in everyday crypto transactions.
(Source:Crypto Briefing)