Mastercard Weighs Zerohash Investment After Failed Acquisition Talks

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Source: CryptoNewsNet Original Title: Mastercard said to weigh Zerohash investment after crypto company ends takeover talks Original Link: Mastercard (MA) is considering making a strategic investment in blockchain infrastructure firm Zerohash after acquisition talks collapsed when the crypto company opted to remain independent.

The payment processor was in late stage talks to buy Zerohash, and could have paid as much as $2 billion for the firm, which provides custody, settlement and fiat on-/off-ramps so that fintech companies and brokerages can offer digital assets without building the infrastructure themselves.

Those acquisition talks have ended. Nevertheless, investment discussions are in progress, according to sources familiar with the matter.

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