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Mastercard Eyes $2 Billion Acquisition of Zerohash

10/30/2025

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Story summary
  • Mastercard is in late-stage talks to acquire Zerohash for $1.5 to $2 billion.
  • If finalized, the deal would be among Mastercard's largest investments in stablecoins tied to assets such as the U.S. dollar.
  • Zerohash, founded in 2017, provides infrastructure for stablecoin and blockchain services.
  • Mastercard previously discussed BVNK, which Coinbase appears to have secured.
  • Zerohash recently raised $104 million, with a valuation over $1 billion, backed by Interactive Brokers.