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Mastercard Completes BVNK Acquisition for Up to $1.8 Billion

GateNews
Partnerships & EcosystemStocks
MA-0.82%
According to Odaily, Mastercard has completed its acquisition of stablecoin payments company BVNK, integrating its on-chain settlement and wallet infrastructure into its global network. The deal, announced in March with an estimated valuation of up to $1.8 billion including $300 million in contingent payments, aims to support banks in connecting customer accounts with digital wallets and enable payment service providers with 24/7 merchant settlement capabilities. Founded in 2021, BVNK provides infrastructure for enterprises to send, receive, store, and convert funds between traditional currencies and blockchain networks.
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In-Depth Analysis

Mastercard Completes $1.8B BVNK Acquisition, Joins Visa in Open USD

Ethan Brooks08-05 18:34

Mastercard Completes BVNK Acquisition to Expand Stablecoin Payments

Ethan Brooks08-04 03:57

Mastercard stock Completes $1.8 Billion Acquisition of BVNK, Advancing Fiat and Stablecoin Interoperability

Market Whisper08-04 03:38
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