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

ZkProver · 2026-03-17T17:10:02+00:00

ChainCatcher News: According to Bloomberg, Mastercard plans to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion, including $300 million in contingent consideration. This acquisition announcement comes just four months after BVNK's approximately $2 billion merger negotiations with Coinbase fell through. The two parties jointly issued a statement on Tuesday to confirm the transaction.

ZkProver

2026-03-17 17:10:02

ChainCatcher reports that, according to Bloomberg, Mastercard plans to acquire the 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 the failed merger negotiations between BVNK and Coinbase, which were valued at approximately $2 billion. Both parties jointly announced the deal on Tuesday.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.