Mastercard in Talks to Acquire Zerohash for Up to $20 Billion, a Major Move in Stablecoins Infrastructure
According to Fortune, Mastercard is reportedly negotiating to acquire Zerohash, a crypto infrastructure firm, with a proposed price range of $15 billion to $20 billion. If completed, the transaction would be among the largest bets in the stablecoins and crypto rails space, underscoring Mastercard’s push into institutional-grade crypto services.
Zerohash, founded in 2017 and headquartered in Chicago, specializes in stablecoins and trading infrastructure, delivering asset-tokenization APIs and related services to institutional clients.
In September, Zerohash announced a $1.04 billion Series D at a $10 billion valuation, led by Interactive Brokers with participation from Morgan Stanley, SoFi, Apollo, and others.
A potential Mastercard deal would recalibrate competition in crypto infrastructure, potentially boosting liquidity access and API-driven services for banks and asset managers while reinforcing governance and compliance standards across digital asset rails.