Blockchain infrastructure firm Zerohash is in talks to raise $250 million at a $1.5 billion valuation, according to a person with knowledge of the matter. The company recently pulled out of acquisition talks with Mastercard, CoinDesk reported, though the payments giant is still considering a strategic investment in Zerohash, and discussions remain ongoing. The raise comes amid rising demand for enterprise-grade crypto infrastructure, as more financial institutions move to offer tokenized assets, stablec ...

Mastercard (MA) is considering making a strategic investment in blockchain infrastructure firm Zerohash after acquisition talks collapsed when the crypto company opted to remain independent, according to a person familiar with the matter. Fortune reported in October that the payment processor was in late stage talks to buy Zerohash, and could pay as much as $2 billion for the firm, which provides custody, settlement and fiat on-/off-ramps so that fintech companies and brokerages can offer digital assets wi ...