Mastercard: Payment giant acquires crypto project Zerohash

INFBusiness
31.10.2025
Markets

Mastercard is reportedly acquiring the crypto and stablecoin infrastructure startup Zerohash. The total value of the deal is said to be up to $2 billion. This was reported by Fortune on Wednesday, citing anonymous sources.
Zerohash is a Chicago-based crypto company founded in 2017. It provides banks, fintechs, and brokers with tools for launching crypto offerings. For example, it provides the infrastructure behind BlackRock's BUIDL fund.
The startup was recently valued at one billion US dollars following a $104 million Series D funding round. This round was led by Interactive Brokers with support from financial firms such as Morgan Stanley and SoFi and closed in September.
Earlier this month, Fortune reported that Mastercard and Coinbase were locked in a bidding war to acquire the stablecoin startup BVNK for approximately $2 billion. Although no deal has been announced, the payments giant is said to have lost out.
Mastercard has been active in the crypto space for several years, primarily through crypto credit cards for exchanges such as Binance, Gemini, and OKX. More recently, the company has entered the stablecoin market, including establishing a relationship with USDC issuer Circle and joining the Global Dollar consortium.
The crypto market is experiencing a recovery rally following the agreement between Xi Jinping and Donald Trump and the US interest rate decision. Analysts expect the recently volatile markets to recover due to the increased planning certainty.
If you want to buy cryptocurrencies, you can do so at Coinbase, among other places. Currently, you'll receive €30 in Bitcoin as a gift when you buy cryptocurrencies worth at least €30.

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