Mastercard Buys Stablecoin Firm BVNK for $1.8B
BVNK, a stablecoin firm, has agreed to an acquisition by Mastercard for $1.8 billion.
The deal marks a significant expansion of Mastercard's presence in the digital assets space, following its earlier investments in crypto-related ventures.
'We're excited about what this deal will bring,' said BVNK co-founder and CEO, Richard Davies.