Mastercard Nears $2 Billion Acquisition of Stablecoin Infrastructure Firm Zerohash
Mastercard is finalizing negotiations to acquire Zerohash, a stablecoin infrastructure provider, in a deal potentially valued at $1.5-$2 billion. This WOULD surpass Stripe's $1.1 billion purchase of Bridge in 2024 as the largest transaction in the stablecoin sector.
Zerohash provides API-driven infrastructure enabling traditional financial institutions to integrate digital assets. Its technology underpins major tokenized funds including BlackRock's BUIDL and Franklin Templeton's BENJI. The acquisition signals Mastercard's aggressive push into tokenized payments as stablecoin adoption accelerates.
Market observers note the deal could catalyze further institutional investment in crypto infrastructure. Zerohash's recent $104 million funding round underscores growing demand for compliant digital asset rails among legacy finance players.
