TLDR
- Mastercard plans $2B Zerohash buy to expand stablecoin dominance.
- Zerohash could power Mastercard’s blockchain payment future.
- Mastercard moves deeper into crypto with Zerohash acquisition.
- $1.5B Zerohash deal marks Mastercard’s bold crypto expansion.
- Mastercard eyes blockchain edge through stablecoin strategy.
Mastercard is preparing to expand its stablecoin strategy by entering late-stage talks to acquire crypto infrastructure firm Zerohash. The potential $1.5 to $2 billion acquisition would deepen Mastercard’s role in the stablecoin sector. This move comes amid rising interest in blockchain-powered payment systems and growing competition from industry rivals.
Zerohash: Building Infrastructure for a Blockchain Future
Founded in 2017, Zerohash provides core infrastructure for stablecoin and crypto products used in payments, trading, and tokenization. The Chicago-based firm enables businesses to integrate crypto services through APIs, including stablecoin support and crypto exchange features. Zerohash also offers tools for tokenizing traditional assets on blockchain networks, aiming to simplify crypto adoption.
The company recently secured $104 million in funding, valuing it at $1 billion and attracting backers like Apollo and Point72 Ventures. With this capital, it scaled operations and expanded product offerings, putting it on the radar of major players like Mastercard. As Mastercard pushes deeper into crypto services, Zerohash could serve as a critical foundation for stablecoin infrastructure.
Unlike firms focused only on stablecoin payments, Zerohash offers a broader suite of tools, including exchange infrastructure and digital