Overview
- CoinDesk-sourced reports say Mastercard is exploring a minority investment in Zerohash after talks for an acquisition of up to $2 billion collapsed late last year.
- A Zerohash spokesperson said the company is not entertaining an acquisition and intends to scale commercial partnerships.
- Mastercard declined to comment, and the reported investment discussions have not been confirmed.
- Zerohash provides custody, settlement, and fiat on- and off-ramps for fintechs and brokerages and is reportedly valued at about $1 billion.
- Zerohash has a partnership with Morgan Stanley for access to liquidity, custody, and settlement, highlighting traditional finance interest in crypto infrastructure.