Mastercard to Acquire Stablecoin Infrastructure Firm BVNK in Deal Worth up to $1.8 Billion

Mastercard said Tuesday it has agreed to acquire London-based stablecoin infrastructure provider BVNK in a deal valued at up to $1.8 billion, as the payments giant expands deeper into blockchain-enabled financial services. Mastercard Targets Cross-Border Payments Growth With BVNK Acquisition The transaction includes up to $300 million in performance-based contingent payments and is expected to […]

via Jamie Redman