Mastercard said to weigh Zerohash investment after ending takeover talks worth billions
Mastercard (MA) is considering making a strategic investment in blockchain infrastructure firm Zerohash after acquisition talks collapsed when the crypto company opted to remain independent, according to a person familiar with the matter.
Fortune reported in October that the payment processor was in late stage talks to buy Zerohash, and could pay as much as $2 billion for the firm, which provides custody, settlement and fiat on-/off-ramps so that fintech companies and brokerages can offer digital assets without building the plumbing themselves.
Those talks have ended, according to three people who spoke on condition of anonymity as the matter is private. Nevertheless, investment discussions are in progress, according to two of…
