zerohash

According to BBX data, yesterday the layout of traditional payment institutions in the cryptocurrency infrastructure showed divergence, with institutions having clear differences in their views on ETH and the altcoin sector. The core dynamics are as follows:Mastercard Incorporated (NYSE: $MA) signed an acquisition agreement for the UK stablecoin infrastructure company BVNK on March 17 for a maximum of $1.8 billion (including $300 million in performance-based payments), which directly led Mastercard to abandon its previously pursued strategic investment plan in Zerohash (a privately held company). According to CoinDesk on May 19, Mastercard exited negotiations with Zerohash after the completion of the BVNK acquisition, and Zerohash is currently seeking to initiate a new financing round with a valuation of over $1.5 billion (higher than the $1 billion valuation established during the D-2 round of financing of $104 million in September 2025); the strategic logic behind Mastercard's acquisition of BVNK is that BVNK has a stablecoin payment infrastructure covering over 130 countries and a difficult-to-replicate combination of multi-country payment licenses; Mastercard's Chief Product Officer Jorn Lambert stated that the goal is to integrate stablecoins into the core network of Mastercard Move cross-border payments, rather than treating them as a peripheral experiment.JPMorgan Chase & Co. (NYSE: $JPM) analysts cited by CoinDesk on May 19 released the latest research report indicating that in the current market environment, Ethereum and the broader altcoin sector will continue to lag behind Bitcoin, primarily due to three structural weaknesses: weak network activity, stagnation in DeFi ecosystem growth (Solana's TVL has dropped from a peak of $13.1 billion in 2025 to about $5.5 billion), and limited real-world adoption scenarios; analysts believe that for the altcoin sector to catch up with Bitcoin's performance, a "significant network activity explosion" is a prerequisite, and this condition currently lacks visible short-term catalysts.

Mastercard has abandoned its investment plan for the cryptocurrency infrastructure company Zerohash, which had previously agreed in March to acquire the UK stablecoin infrastructure company BVNK for $1.8 billion. Mastercard had considered a strategic investment in Chicago-based Zerohash in January of this year. At that time, Zerohash was seeking to raise $250 million at a valuation of $1.5 billion, while the company is currently advancing a new funding round at a higher valuation. Founded in 2017, Zerohash primarily provides APIs and developer tools for cryptocurrencies, stablecoins, and tokenized products.Meanwhile, recent transactions involving Kraken's parent company Payward and Bullish indicate that consolidation in the digital asset infrastructure sector is ongoing. In terms of stablecoin payment arrangements, Mastercard has acquired BVNK for $1.8 billion and may pay an additional $300 million in performance-based compensation. BVNK currently serves payment and payroll platforms like Worldpay and Deel for cross-border payments, fund settlement, and financial management.Mastercard plans to integrate BVNK's technology into its Mastercard Move network to support 24/7 stablecoin settlement for payment institutions and merchant acquirers, and to explore adding stablecoin checkout functionality in payment gateways. Analysts believe that this transaction will further intensify the competition between Mastercard and Visa in the networked strategy of payment networks and accelerate the evolution of traditional cross-border clearing systems towards stablecoin settlement models.

According to CoinDesk, after Mastercard abandoned its investment plans, crypto infrastructure company Zerohash is raising a new round of funding at a valuation of over $1.5 billion. Mastercard had previously considered making a strategic investment in the company but later acquired BVNK for $1.8 billion, abandoning the original plan. Zerohash is raising new funds at a valuation higher than the $1.5 billion discussed at the beginning of the year.Founded in 2017, the company provides APIs and embedded development tools for financial institutions and fintech companies, serving over 5 million users across 190 countries. Clients include Morgan Stanley, Interactive Brokers, Stripe, BlackRock's BUIDL fund, Franklin Templeton, and DraftKings. Zerohash completed a $104 million D-2 round of financing at a $1 billion valuation in September 2025, led by Interactive Brokers.

Cryptocurrency infrastructure service provider Zerohash Europe has obtained an Electronic Money Institution (EMI) license issued by the Dutch central bank, becoming the first company to hold both the EU MiCA cryptocurrency license and full EMI qualifications.Zerohash previously obtained the MiCA license from the Dutch Authority for the Financial Markets in October 2025, allowing it to provide cryptocurrency asset services across the EU. With the acquisition of the EMI license, the company will be able to handle both cryptocurrency asset services and traditional electronic money circulation, particularly suitable for stablecoin-related payment and settlement scenarios.The European Banking Authority has previously clarified that some stablecoin fund flows may be considered electronic money business, thus requiring relevant institutions to obtain an additional EMI license. Zerohash stated that the dual-license structure will enable it to provide compliant infrastructure for banks, brokerages, fintech companies, payment service providers, and enterprise platforms in the European market.

According to market news, the crypto infrastructure company Zerohash has submitted an application to the Office of the Comptroller of the Currency (OCC) seeking to obtain a national trust bank charter.According to the application documents, the trust bank that Zerohash plans to establish aims to provide digital asset custody, fiat currency and other asset custody, staking custody and validation activities, transfer agency services, trade execution, stablecoin management, as well as settlement, clearing, and custody services.Obtaining this charter will not allow Zerohash to engage in traditional banking activities such as accepting deposits or making loans, but it will enable the company to operate under federal regulation, helping to attract more institutional clients.

According to CoinDesk, citing informed sources, blockchain infrastructure company Zerohash is in negotiations to raise $250 million, with a valuation expected to reach $1.5 billion.The company recently exited acquisition talks with Mastercard; however, the payment giant is still considering a strategic investment in Zerohash, with discussions ongoing. This funding comes at a time when the demand for crypto infrastructure is growing, as more financial institutions begin to offer asset tokenization, stablecoins, and on-chain settlement services on a large scale, leading to a continued rise in market demand for platforms like Zerohash.

According to informed sources, Mastercard is considering a strategic investment in blockchain infrastructure company Zerohash after the acquisition negotiations were terminated.Previously, the acquisition talks ended as Zerohash chose to remain independent. According to reports from last October, Mastercard had entered the later stages of negotiations to acquire Zerohash, with a potential purchase price of up to $2 billion. Mastercard declined to comment on this.

According to Cointelegraph, the European branch of stablecoin company Zerohash announced on Sunday that it has obtained a license under the EU's Markets in Crypto-Assets Regulation (MiCA) from the Dutch Authority for the Financial Markets (AFM), allowing the company to provide stablecoins and crypto products to banking institutions, fintech companies, and payment platforms in 30 European Economic Area (EEA) countries.The official AFM register confirms that Zerohash has become a registered Crypto Asset Service Provider (CASP). This approval allows Zerohash's European branch to operate as a CASP, providing core support to organizations exploring tokenized assets, stablecoins, and other blockchain-based financial products. Previously, it was reported that Mastercard plans to spend up to $2 billion to acquire the crypto startup Zerohash.

ChainCatcher news, Mastercard is planning to acquire the Chicago-based crypto and stablecoin infrastructure startup Zerohash for up to $2 billion.This acquisition will further extend Mastercard's crypto business into the realm of stablecoins and tokenization infrastructure.

ChainCatcher news, according to Bloomberg, Morgan Stanley is collaborating with cryptocurrency infrastructure provider Zerohash, planning to start offering mainstream cryptocurrency trading services to E*Trade clients in the first half of next year.According to Jed Finn, head of Morgan Stanley's Wealth Management division, the service will initially support trading of major cryptocurrencies such as Bitcoin, Ethereum, and Solana. Finn stated that allowing clients to trade cryptocurrencies is just the "first phase," and the company will next seek to build a complete wallet solution for clients.

ChainCatcher news, the crypto infrastructure startup Zerohash has completed a $104 million Series D funding round at a valuation of $1 billion, led by Interactive Brokers, with participation from Morgan Stanley, SoFi, Apollo, and others.Founded in 2017, Zerohash provides blockchain-based products in three main areas for banks and fintech companies, according to Woodford: crypto trading, stablecoins, and tokenization.

ChainCatcher news, according to Fortune, cryptocurrency and stablecoin infrastructure startup Zerohash plans to raise $100 million at a valuation of nearly $1 billion. Publicly traded online broker Interactive Brokers will lead this funding round.Founded in 2017, Zerohash provides backend infrastructure for banks, brokers, and fintech companies, helping them launch cryptocurrencies, NFTs, and other digital assets to their customers. The company has become an influential player in the booming stablecoin space, which consists of cryptocurrencies pegged to underlying assets like the US dollar.