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0.000587613115524761 0.0011360520233478 0.00152779410036438 0.000871626121361682 -2.93806557762102E-05 -0.00485760175500454 -0.00344733027774511 -0.00415246601637483
Stock impact report

Mastercard to acquire BVNK to expand digital asset capabilities [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Mastercard Inc (NYSE:MA) announced on Tuesday that it has entered a definitive agreement to acquire BVNK, a London-based stablecoin infrastructure firm, for up to $1.8 billion, including $300 million in contingent payments. BVNK, founded in 2021, provides technology that connects fiat payment rails with blockchain-based systems, supporting transactions across all major networks in over 130 countries. Mastercard said the acquisition will enhance its ability to offer interoperability between traditional currencies and digital assets such as stablecoins, tokenized deposits, and other tokenized assets. “Most financial institutions and fintechs will in time provide digital currency services,” Mastercard chief product officer Jorn Lambert said. “We want to support them and their customers with a highly compliant, interoperable offering that brings the benefits of tokenized money to the real world.” The acquisition aligns with Mastercard's broader strategy to expand end-to-end digit Show less Read more
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