Deep Tide TechFlow News, January 21 — According to CoinDesk, payment giant Mastercard is considering a strategic investment in blockchain infrastructure company Zerohash, after previous acquisition negotiations between the two parties were terminated. Sources familiar with the matter revealed that Zerohash has chosen to remain independent, leading to the failure of Mastercard's original acquisition plan.
In October last year, Fortune reported that Mastercard was in the late stages of negotiations to acquire Zerohash, with the deal valued at up to $2 billion. A Zerohash spokesperson stated: "We respect the Mastercard team and look forward to expanding our business partnership, but we believe remaining independent is the best way for the company to continue innovating and growing."
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Deep Tide TechFlow News, January 21 — According to CoinDesk, payment giant Mastercard is considering a strategic investment in blockchain infrastructure company Zerohash, after previous acquisition negotiations between the two parties were terminated. Sources familiar with the matter revealed that Zerohash has chosen to remain independent, leading to the failure of Mastercard's original acquisition plan.
In October last year, Fortune reported that Mastercard was in the late stages of negotiations to acquire Zerohash, with the deal valued at up to $2 billion. A Zerohash spokesperson stated: "We respect the Mastercard team and look forward to expanding our business partnership, but we believe remaining independent is the best way for the company to continue innovating and growing."