Mastercard has announced plans to acquire stablecoin infrastructure startup BVNK in a deal valued at up to $1.8 billion. The transaction includes $300 million in contingent consideration. This acquisition follows BVNK's failed merger talks with Coinbase, which were valued at approximately $2 billion. Both Mastercard and BVNK confirmed the agreement in a joint statement released on Tuesday.
Mastercard to Acquire BVNK in $1.8 Billion Deal
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