Mastercard to acquire Zerohash for $2B in crypto expansion
Mastercard’s acquisition of crypto infrastructure company Zerohash—valued at up to $2 billion—could save the financial giant years in its bid to expand into the crypto payments market.
According to Fortune, the global financial corporation is in the final stages of negotiations to purchase the Chicago-based crypto startup Zerohash.
Founded in 2017, Zerohash provides crypto infrastructure and regulatory-compliant solutions that allow financial institutions to integrate crypto payments, stablecoin payroll, fiat-to-crypto exchange, and other digital asset services without building their own infrastructure.
Among its major partnerships are tokenized fund servicing for Securitize, Franklin Templeton, and Republic, RLUSD integration for Ripple, and crypto payment enablement for Stripe, Wirex, MoonPay, and other fintech platforms.
Mastercard has been expanding its crypto initiatives for several years, notably through crypto debit card collaborations with Binance, Gemini, and OKX. Recently, it entered the stablecoin market by partnering with Circle and joining the Global Dollar consortium alongside Kraken and Robinhood.
Factory of ready-made crypto solutions
The acquisition of Zerohash will provide Mastercard with a ready-to-deploy suite of crypto tools—including custody, liquidity, trading, staking, and, most importantly, a network of U.S. money transmitter licenses, such as the New York BitLicense, widely regarded as the most demanding and reputable license in the crypto industry.
For Mastercard, the economic upside is clear. As more payments move away from traditional card networks toward stablecoin and account-to-account transfers, the company can maintain its role in compliance and settlement while continuing to charge fees.
Zerohash already powers crypto and tokenized asset infrastructure for Interactive Brokers, Tastytrade, and other financial platforms. Integrating this capability with Mastercard’s vast network of banking and trading partners will accelerate the spread of stablecoin functionality across global payments, according to Fortune’s sources.
As we wrote, Coinbase and Mastercard eye record stablecoin deal for BVNK
Latest Mastercard News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
