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0 0 0.00145080970866174 0.00182331490412894 0.000486413363133792 0.0111555503274125 0.00488177861428058 0.00323510959494963
Stock impact report

Mastercard to buy stablecoin infra 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
The acquisition ?underscores Mastercard's strategy to expand beyond traditional card networks and position itself at the center ?of emerging ?digital asset ecosystems, including stablecoins. "We expect that most ?financial institutions and fintechs will, in time, provide digital currency ?services," said ?Jorn Lambert, ?Mastercard's chief product ?officer. BVNK, founded in 2021, specializes in infrastructure to bridge between fiat and stablecoins. The platform enables sending and receiving payments ?on all major ?blockchain networks across ?more ?than 130 countries. The deal ?includes $300 million in contingent ?payments, ?and is expected to close before the end of 2026. NYSE - Delayed Quote • USD (MA) Follow View Quote Details At close: March 16 at 4:00:03 PM EDT Advanced Chart (Reporting ?by ?Arasu Kannagi Basil and Prakhar ?Srivastava in Bengaluru; Editing ?by Shinjini Ganguli) Show less Read more
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