Mastercard Completes $1.8B BVNK Acquisition, Zerohash Seeks $1.5B Valuation

GateNews
According to CoinDesk (May 19), Mastercard acquired British stablecoin infrastructure company BVNK for up to $1.8 billion on March 17, including $300 million in performance-based earnouts. The acquisition prompted Mastercard to exit negotiations with Zerohash, a private fintech infrastructure firm, which is now seeking new funding at a valuation exceeding $1.5 billion, up from $1 billion set in its September 2025 D-2 round. Mastercard Chief Product Officer Jorn Lambert stated the strategy is to integrate stablecoins into Mastercard Move's core cross-border payment network, not as a peripheral experiment. BVNK operates payment infrastructure spanning over 130 countries.
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