Mastercard has announced its intention to acquire the cryptocurrency startup Zerohash in a deal valued at nearly $2 billion, according to Fortune. This acquisition marks a significant move by Mastercard to expand its presence in the digital asset space. Zerohash, known for its crypto infrastructure services, will enhance Mastercard's capabilities in offering cryptocurrency solutions to its clients. The transaction is expected to close by the end of the year, subject to regulatory approvals.
Mastercard to Acquire Crypto Startup Zerohash for $2 Billion
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