Mastercard Nears $2B Acquisition of Crypto Infrastructure Firm Zerohash
Mastercard Inc. is in advanced discussions to acquire Zerohash, a cryptocurrency settlement platform, in a deal valued between $1.5 billion and $2 billion. The acquisition would mark one of the payment giant's most significant moves into blockchain-based financial infrastructure.
Chicago-based Zerohash provides API-driven solutions for fintech firms, brokers and merchants seeking to integrate crypto custody, stablecoin conversions and digital asset payouts. The company's technology stack enables compliant fiat-to-crypto transactions across institutional platforms.
The potential deal reflects growing institutional demand for 24/7 settlement rails as traditional finance embraces tokenization. Mastercard has been expanding its crypto capabilities through partnerships with digital asset firms and point-of-sale conversion pilots.