Mastercard Targets Acquisition of Crypto Startup Zerohash for Up to $2 Billion

Mastercard is in the advanced stages of a potential acquisition of crypto infrastructure company Zerohash for up to $2 billion. This deal, if finalized, would represent one of Mastercard’s largest investments in the stablecoin sector. The startup, headquartered in Chicago and founded in 2017, specializes in stablecoin and cryptocurrency trading infrastructure. It provides technical services, including asset tokenization APIs, to institutional clients.