The deal gives Mastercard more stablecoin and blockchain payment infrastructure, just months after BVNK’s roughly $2 billion sale talks with Coinbase fell apart.
Mastercard $MA is acquiring stablecoin infrastructure startup BVNK for up to $1.8 billion, including $300 million in contingent payments.
byu/LowSky1437 inwallstreetbets
Posted by LowSky1437
6 Comments
So this is why CRCL is pumping today
bad for SOFI as they recently had a similar acquisition
Mastercard just paid $1.8 billion to ensure they can still charge you 3% for a digital dollar.
Bullish for ETH. Stablecoins be the future yerrrrrrr
Mastercard killer
$MA is the core of my portfolio. Unbeatable stock.