Mastercard in Final Negotiations to Acquire Zerohash
- Mastercard is reportedly in late-stage talks to acquire Zerohash, a stablecoin and blockchain infrastructure provider.
- The acquisition deal is valued between $1.5 billion and $2 billion.
- Zerohash was founded in Chicago in the year 2017.
Mastercard’s potential acquisition of Zerohash highlights its interest in expanding into the stablecoin and blockchain sectors, with a deal estimated at up to $2 billion.
This acquisition could significantly enhance Mastercard’s capabilities in blockchain technology, reflecting a strategic move towards digital currency integration. (Source)