Mastercard weighs investment in ZeroHash after $2 billion acquisition talks fall through
Summary
Mastercard is exploring an investment in blockchain infrastructure firm ZeroHash after previously discussed acquisition talks, reportedly valued at $2 billion, ultimately collapsed. A ZeroHash spokesperson clarified that the company is not pursuing an acquisition by Mastercard but is instead evaluating a commercial partnership. The leadership team intends to remain independent, believing this structure best supports their ongoing innovation and service delivery to clients. ZeroHash provides essential blockchain infrastructure to significant industry platforms, including prediction market Kalshi and Interactive Brokers, which recently launched stablecoin funding powered by ZeroHash's technology.
(Source:Crypto Briefing)