� Mastercard to acquire BVNK for up to $1.8B in stablecoin push

Mastercard agreed to acquire London-based stablecoin infrastructure startup BVNK for up to $1.8B, including $300M tied to performance targets. It is the company’s largest crypto deal.

BVNK, founded in 2021 and valued around $750M, operates across 130+ countries and supports transactions on major blockchain networks.

The acquisition gives Mastercard the ability to connect traditional payment rails with systems built on stablecoins and tokenized deposits.

The deal positions Mastercard deeper inside digital currency infrastructure as adoption grows.

@venture