Mastercard Plans to Acquire Stablecoin Infrastructure Startup BVNK for Up to $1.8 Billion

2026-03-17 14:15:20

Odaily Planet Daily reports that payment giant Mastercard plans to acquire stablecoin infrastructure startup BVNK, with a transaction value of up to $1.8 billion, including $300 million in contingent consideration. This acquisition news comes just four months after BVNK’s merger talks with Coinbase, valued at approximately $2 billion, fell apart. Both parties jointly announced the deal on Tuesday. (Bloomberg)

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