Key Takeaways
- Mastercard is set to acquire crypto infrastructure provider ZeroHash for nearly $2 billion.
- ZeroHash specializes in fiat-to-crypto conversions and has recently supported a major investment bank’s retail crypto trading service.
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Mastercard, a global payments firm, is set to acquire crypto and stablecoin infrastructure provider ZeroHash for nearly $2 billion, according to Fortune.
ZeroHash enables seamless fiat-to-crypto conversions and trading for major financial institutions.
Mastercard has been integrating crypto spending options through partnerships with wallets and platforms. ZeroHash’s collaborations with payment protocols have expanded connections to retail giants, positioning it as a key player in everyday crypto transactions.
The acquisition would represent one of the largest deals in the crypto infrastructure space, as traditional financial giants continue building their digital asset capabilities.
