Mastercard is considering an investment in ZeroHash, a blockchain infrastructure firm, after talks to acquire the company for $2 billion fell through, according to a CoinDesk report.
Fortune reported in October that Mastercard was planning to acquire ZeroHash for $2 billion, but the deal has since collapsed.
A ZeroHash spokesperson told CoinDesk that the company is not seeking an acquisition by Mastercard but is weighing a commercial partnership instead.
The ZeroHash team will remain independent, as leadership believes this structure best serves the company’s interests as it continues to innovate and build for customers.
ZeroHash provides blockchain infrastructure to major platforms across the industry. Prediction market Kalshi and Interactive Brokers both use the firm’s services.
Interactive Brokers recently announced stablecoin funding on its brokerage platform powered by ZeroHash’s infrastructure.
Source: https://cryptobriefing.com/mastercard-zerohash-investment-acquisition/
