The potential acquisition would mark one of Mastercard’s largest crypto bets yet, expanding its stablecoin and tokenization infrastructure amid growing competition.
Mastercard is reportedly in advanced talks to acquire crypto and stablecoin infrastructure startup zerohash in a deal valued from $1.5 billion to $2 billion, according to multiple sources familiar with the negotiations.
The news, reported by Fortune on Wednesday, follows earlier efforts by Mastercard to expand its footprint in stablecoin infrastructure.
The global payments giant previously explored acquiring BVNK, a London-based stablecoin startup, in a deal valued near $2 billion, according to sources familiar with the talks.
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