Mastercard Acquires Zerohash in $2 Billion Web3 Push
Mastercard Inc. is finalizing a $1.5-$2 billion acquisition of blockchain infrastructure firm Zerohash, marking its largest crypto-sector bet to date. The deal accelerates the payments giant's Web3 strategy following previous crypto custody partnerships.
Zerohash's technology facilitates cross-border stablecoin settlements—a capability that could integrate with Mastercard's existing payment rails. The acquisition comes as traditional finance firms increasingly bridge to blockchain networks.
Industry observers note the MOVE signals growing institutional confidence in crypto infrastructure plays, particularly those enabling regulated fiat-to-blockchain interoperability. Mastercard shares rose 1.3% in premarket trading following the news leak.