Mastercard is reportedly in late-stage talks to acquire Zerohash for between $1.5B and $2B, a company that raised $104M from Interactive Brokers, Morgan Stanley, and Apollo at a $1B in September and just became one of the first firms authorised under Europe’s new MiCAR framework. [NEWS]
The seven-year-old startup not only powers 5M+ users across 190 countries but also serves blue-chip clients like Stripe, Franklin Templeton, Morgan Stanley’s E-Trade and BlackRock’s BUIDL fund. Let’s unpack.
