Mastercard Plans to Acquire Stablecoin Infrastructure Startup BVNK for up to $1.8 Billion

MarsBitNews · 2026-03-17T12:36:37+00:00

Mars Finance News: According to Bloomberg, Mastercard plans to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion, including $300 million in contingent consideration. This acquisition comes just four months after BVNK's approximately $2 billion merger negotiations with Coinbase fell through. The two parties jointly released a statement on Tuesday confirming the transaction.

MarsBitNews

2026-03-17 12:36:37

Mars Finance reports that, according to Bloomberg, Mastercard plans to acquire the stablecoin infrastructure startup BVNK, with a transaction value of up to $1.8 billion, including $300 million in contingent consideration. This acquisition news comes just four months after the failed merger talks between BVNK and Coinbase, which were valued at around $2 billion. Both parties jointly announced the deal on Tuesday.

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