Your email has been successfully added to our mailing list.

×
0.000174415224511215 0.000697660898044638 -0.00113369895932256 -0.00155035755121016 -0.00604639444971998 -0.00769364934788069 -0.0068990911028855 -0.0068990911028855
Stock impact report

Mastercard to Acquire Stablecoin Tech Firm BVNK for Up to $1.8 Billion [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Mastercard is set to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion, the payments giant said in a press release on Tuesday. The acquisition will allow the company that processes around $9.5 trillion in annual payments volume to offer end-to-end support for digital assets, Mastercard said. The firm noted that the deal with BVNK involves $300 million in contingent payments. Representing one of the largest acquisitions involving a crypto-native firm this year, BVNK operates a financial platform allowing people to transact in stablecoins. The company also specializes in converting between digital assets and various forms of cash. BNVK enables businesses to transact with each other in 130 countries. That's far less than the 210 countries that Mastercard's payment processing network operates in, but the acquisition shows that incumbents are increasingly eyeing stablecoins as new settlement tools. BVNK was valued at $750 million when it unveiled $50 million in Se Show less Read more
Impact Snapshot
Event Time:
MA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MA alerts
Opt-in for
MA alerts

from News Quantified
Opt-in for
MA alerts

from News Quantified