Mastercard is in advanced negotiations to purchase Zerohash, a startup that provides stablecoin and blockchain infrastructure, for a price reportedly between $1.5bn and $2bn, reported Fortune citing sources. The negotiations are not complete, and the proposed transaction could still fail to materialise, the report said. Zerohash, established in 2017 and headquartered in Chicago, offers infrastructure that supports stablecoins and crypto trading. Its services include tools for firms to deploy crypto trad ...

"Mastercard delivered another strong quarter, with net revenue growth of 17% year-over-year, or 15% on a currency-neutral basis, driven by healthy consumer and business spending and continued robust performance of our differentiated services," said Michael Miebach, Mastercard CEO. "This quarter, these value-added services and solutions delivered net revenue growth of 25% year-over-year, or 22% on a currency-neutral basis. We launched the Mastercard Commerce Media network, new cyber threat intelligence solut ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Mastercard remains on the hunt for potential acquisitions, but the card network’s executives declined Thursday to comment on a report the company may acquire the crypto infrastructure business Zerohash. The card network is in the late stages of talks to buy the startup for as much as $2 billion, the digital magazine Fortune reported Thursday, citing unnamed sourc ...

Earnings Results - Mastercard is set to release its third-quarter earnings results on October 30, with analysts expecting earnings of $4.31 per share, an increase from $3.89 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $8.53 billion, compared to $7.37 billion a year earlier [1] Management Changes - Jill Kramer will join Mastercard as Chief Marketing and Communications Officer, effective December 1, 2025 [2] Stock Performance - Mastercard shares fell by 2% to close at $554.58 on the previous Wednesday [2] Analyst Ratings - Citigroup analyst Bryan Keane initiated coverage with a Buy rating and a price target of $735 [4] - Baird analyst David Koning maintained an Outperform rating and raised the price target from $640 to $660 [4] - Wells Fargo analyst Donald Fandetti maintained an Overweight rating and increased the price target from $625 to $650 [4] - Morgan Stanley analyst James Faucette maintained an Overweight rating and raised the price target from $639 to $661 [4] - Deutsche Bank analyst Bryan Keane reinstated a Buy rating with a price target of $650 [4]

Mastercard Incorporated (NYSE:MA) will release earnings results for the third quarter, before the opening bell on Thursday, Oct. 30.Analysts expect the Purchase, New York-based company to report quarterly earnings at $4.31 per share, up from $3.89 per share in the year-ago period. The consensus estimate for Mastercard's quarterly revenue is $8.53 billion, compared to $7.37 billion a year earlier, according to data from Benzinga Pro.On Oct. 21, Mastercard announced that Jill Kramer will join the company as C ...

Market Overview - U.S. stocks exhibited mixed performance, with the Nasdaq Composite gaining over 100 points after the Federal Reserve lowered rates by 25 basis points to a range of 3.75%-4.00% for the second consecutive meeting [2] - The Dow Jones closed lower by approximately 74 points at 47,632.00, while the S&P 500 slipped 0.01% to 6,890.59, and the Nasdaq Composite rose 0.55% to 23,958.47 [4] Company Performance - Caterpillar Inc. (NYSE:CAT) shares increased around 12% following better-than-expected third-quarter financial results [3] - Boeing Co. (NYSE:BA) shares fell approximately 4% after reporting a wider loss for the third quarter of 2025 [3] - Verizon Communications (NYSE:VZ) reported mixed third-quarter results and reaffirmed its 2025 guidance [3] Economic Indicators - U.S. pending home sales remained flat in September, contrasting with market expectations of a 1.6% increase [3] Sector Performance - Most sectors within the S&P 500 closed negatively, with real estate, consumer staples, and materials stocks experiencing the largest losses [4] - Conversely, communication services and information technology stocks closed higher, defying the overall market trend [4] Investor Sentiment - The CNN Money Fear and Greed Index recorded a reading of 42.3, indicating a continued presence in the "Fear" zone, up from a previous reading of 39.3 [6]

Acquisition Details - Mastercard is considering acquiring ZeroHash for $15 billion to $2 billion [1] - ZeroHash previously raised $104 million at a $1 billion valuation in 2022 [2] ZeroHash's Business - ZeroHash provides infrastructure for stablecoins and crypto, including payments, crypto trading, and tokenization APIs [1] - ZeroHash's backers include Interactive Brokers, Apollo, Point72 Ventures, and Nyca [1] Strategic Rationale - Mastercard aims to secure stablecoin capabilities amid growing interest from global payments companies [3] - Blockchain settlement offers faster speeds and lower costs compared to traditional systems [3] - Stablecoins are evolving into core financial instruments for cross-border payments and settlements [4] Industry Context - Mastercard acquired CipherTrace in 2021 and joined a stablecoin consortium with Robinhood and Kraken [3] - Stripe acquired Bridge for $11 billion, and Coinbase held exclusive talks to buy BVNK [4]

Acquisition & Expansion - Mastercard is reportedly considering acquiring ZeroHash for $15 亿 - $20 亿 [1] - The acquisition aims to expand Mastercard's role in digital asset infrastructure [1]

Acquisition - Mastercard is in advanced discussions to acquire stablecoin infrastructure firm ZerohashX [1] - The potential acquisition price ranges from $15 billion to $2 billion [1] Industry Impact - The acquisition indicates Mastercard's interest in expanding its presence in the stablecoin and cryptocurrency infrastructure space [1]

🔥 TODAY: Mastercard is in advanced talks to acquire crypto infrastructure startup zerohash in a deal valued between $1.5B-$2B, per Fortune. https://t.co/yP0KTiasOB ...