Mastercard acquired BVNK for $1.8B

Coinbase had a $2 billion offer on the table in November 2025. Then it walked.

ZeroHash walked away from a $2 billion Mastercard’s takeover in January.

Then in March, Mastercard paid $1.8 billion for the exact same company. Mastercard agreed to acquire BVNK, a UK-based stablecoin infrastructure company, for up to $1.8 billion, $300 million of which is c…