Mastercard is in talks to acquire crypto firm Zerohash for $1.5-2 billion, according to a Fortune report, citing sources. This follows a previous Fortune report that the payments firm planned to acquire stablecoin infrastructure startup BVNK for a similar amount, but apparently BVNK is now in exclusive negotiations with Coinbase.
While there’s some overlap between Zerohash and BVNK, they are quite different. BVNK is a dedicated payments firm, making it a more natural fit with Mastercard. By contrast, Zerohash has a range of solutions including crypto brokerage, tokenization, and payments. Its highest-profile partnerships are in brokerage, where it provides the crypto…
