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0.00299814588346677 0.00299814588346677 0.000552290031164996 0.00398437808197558 0.0049706102804844 0.00790958223204069 0.00753481399660735 0.0188468973135034
Stock impact report

Mastercard to Acquire BVNK to Connect On-Chain Payments and Fiat Rails

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Business Wire
Expands capabilities to support greater choice in how people and businesses exchange valueBVNK’s digital asset infrastructure complements and extends Mastercard’s trusted global payments network, creating interoperability between fiat and stablecoinsEnables financial institutions and other customers to address new use cases with stablecoins, tokenized deposits and tokenized assets PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard today announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The deal further expands Mastercard’s end-to-end support of digital assets and value movement across currencies, rails and regions.Technology continuously evolves how value is exchanged between people and businesses. Digital assets powered by blockchain technology have the potential to make money movement faster and smarter. While nascent today, digital currency payment use cases are rapidly scaling Show less Read more
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