Payments giant Mastercard moves to bridge fiat and crypto with $1.8 billion acquisition of the U.K. based stablecoin startup.
Mastercard agrees to buy stablecoin platform BVNK for up to $1.8 billion
Payments giant Mastercard moves to bridge fiat and crypto with $1.8 billion acquisition of the U.K. based stablecoin startup.
Shares:
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether's stablecoins.
MARA also expanded its BTC allocation to 2,000 BTC, a sign of growing institutional demand for active digital-asset management.
Vopni will be responsible for overseeing and executing the firm's institutional strategy.