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Mastercard abandoned plans to invest in Zerohash, according to a person with direct knowledge of the matter.
Mastercard abandoned plans to invest in Zerohash after acquiring BVNK for $1.8 billion.
KEY POINTS
- Zerohash is now raising a new funding round at a valuation above $1.5 billion.
- Mastercard previously considered acquiring Zerohash for up to $2 billion before BVNK deal.
- Zerohash's clients include Morgan Stanley, Stripe, Franklin Templeton, and BlackRock’s BUIDL fund.
COMPANIES
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