Has Mastercard accepted the inevitability of crypto? Spends $2B on tokenization platform

Mastercard may soon make a significant investment to fully enter the crypto space.

According to Reuters, the company is in advanced talks to acquire Zero Hash for roughly $1.5 to $2 billion, a move that, if completed, would fold a regulated crypto-settlement network into one of the world’s largest payment processors.

On the surface, it looks like another corporate experiment with digital assets. Underneath, it’s something bigger: an attempt to rebuild the plumbing of money itself around stablecoins, not banks.

Zero Hash isn’t a consumer-facing brand but the quiet infrastructure behind several tokenization efforts.

Founded in 2017, it’s regulated as a money transmitter across the US, holds a New York BitLicense, and operates under…

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