Particle.news
Download on the App Store
11 ARTICLES
·
1h ago

Mastercard in Late Talks to Buy Zerohash for $1.5–$2 Billion

The potential purchase would mark a significant push into stablecoin infrastructure for the payments giant.

Mastercard's stock has moved in response to reports of stablecoin interest from banks and large merchants like Amazon and Walmart.
Mastercard eyeing $2b deal to acquire stablecoin infrastructure firm zerohash
Image
Image

Overview

  • Multiple outlets report advanced negotiations for Zerohash at a price range of roughly $1.5 billion to $2 billion, with sources cautioning the talks are not final and could collapse.
  • Spokespeople for Mastercard, Zerohash, and Coinbase declined to comment on the reported discussions.
  • Mastercard’s pursuit follows its earlier bid for BVNK, where Coinbase now holds exclusivity on a roughly $2 billion deal, highlighting intensifying competition for stablecoin rails.
  • Chicago-based Zerohash, founded in 2017, provides APIs for stablecoin payments, trading, and tokenization, processed about $2 billion in tokenized fund flows early this year, and raised $104 million in September at a $1 billion valuation with backers including Interactive Brokers and Morgan Stanley.
  • The talks come as payments firms race to build blockchain-native settlement, with Stripe buying Bridge for $1.1 billion and Mastercard extending its crypto efforts after acquiring CipherTrace and joining a stablecoin-focused consortium.