Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans
CoinDesk
Crypto infrastructure firm Zerohash is seeking new funding at a valuation exceeding $1.5 billion following Mastercard's decision to pivot toward acquiring BVNK.Summary
Zerohash is pursuing a new funding round at a valuation higher than $1.5 billion after Mastercard abandoned potential investment plans in the firm. Mastercard, which had previously explored a $2 billion acquisition of the crypto infrastructure provider, instead opted to purchase stablecoin firm BVNK for $1.8 billion in March. Despite the change in Mastercard's strategy, Zerohash continues to grow its platform, which currently supports over 5 million users globally and serves major financial institutions, including Morgan Stanley and BlackRock.
(Source：CoinDesk)