Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

New Photo - Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports ReutersOctober 30, 2025 at 4:09 AM 0 A payment terminal is displayed next to a logo of Mastercard at the company's booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 20...

- - Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

ReutersOctober 30, 2025 at 4:09 AM

0

A payment terminal is displayed next to a logo of Mastercard at the company's booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov

(Reuters) -Mastercard is in late-stage talks to acquire crypto startup Zerohash for between $1.5 billion and $2 billion, Fortune reported on Wednesday, citing five sources familiar with the matter.

If the deal goes through, it would be Mastercard's one of the biggest bets yet on stablecoins, the report said, adding the talks might still fall through.

Mastercard and Zerohash did not immediately respond to Reuters' requests for comment.

(Reporting by Pritam Biswas in Bengaluru; Editing by Shilpi Majumdar)

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