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Mastercard is reportedly considering spending up to $2 billion to acquire Zerohash, betting on stablecoin infrastructure.
BlockBeats News, October 30, according to Fortune report, Mastercard is in talks to acquire crypto infrastructure startup Zerohash for $15 billion to $20 billion. If the deal goes through, it will be one of its largest moves in the stablecoin field.
Zerohash was founded in 2017, headquartered in Chicago, with a business covering stablecoins and crypto trading infrastructure, providing technical services including asset tokenization APIs to institutional clients.
In September this year, Zerohash announced a $1.04 billion Series D funding round at a $10 billion valuation, led by Interactive Brokers, with participation from Morgan Stanley, SoFi, Apollo, and others.
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