According to Fortune, Mastercard is reportedly in advanced discussions to acquire Zerohash, a U.S.-based crypto infrastructure startup specializing in stablecoin and digital asset solutions. Sources familiar with the matter say the potential deal could be valued between $1.5 billion and $2 billion, though it has not yet been finalized.
Zerohash provides backend infrastructure enabling businesses to integrate stablecoins and other crypto assets into their platforms. If completed, the acquisition would represent Mastercard’s latest move toward expanding its digital asset capabilities and payment solutions.
Earlier, Mastercard explored a possible acquisition of BVNK, another company focused on stablecoin payment systems. That deal reportedly reached an advanced stage before Coinbase secured exclusive negotiation rights with BVNK. The BVNK deal was also estimated at around $2 billion.
Zerohash previously raised $104 million in a funding round led by Interactive Brokers, with participation from Morgan Stanley, SoFi, Apollo, and several strategic investors.
Recently, Christian Rau, Mastercard’s Head of Crypto and Fintech Enablement for Europe, said that the company views cryptocurrencies primarily as a payment technology, rather than a disruptive revolution. Rau emphasized that Mastercard is already implementing crypto-related services and considers stablecoins a key tool for improving settlement efficiency.
