Zerohash Seeks $1.5B Valuation After Mastercard Exits Investment Plans
Cryptocurrency infrastructure firm Zerohash is pursuing a funding round valuing the company above $1.5 billion after Mastercard abandoned plans to invest. The move follows Zerohash's $104 million Series D raise earlier in 2025 and its acquisition of BVNK.
Key Takeaways
- 1## Funding Pursuit and Mastercard Withdrawal Zerohash is seeking fresh capital at a valuation exceeding $1.
- 25 billion, according to people familiar with the matter.
- 3The push comes after Mastercard decided not to proceed with an investment the two companies had previously discussed, marking a reversal from earlier partnership discussions between the payment giant and the crypto infrastructure provider.
- 4## Recent Capital and M&A Activity The funding round announcement follows Zerohash's $104 million Series D raise completed in early 2025.
- 5The firm also recently acquired BVNK, a crypto payments platform, in a deal that expanded its service offerings in the institutional cryptocurrency space.
Funding Pursuit and Mastercard Withdrawal
Zerohash is seeking fresh capital at a valuation exceeding $1.5 billion, according to people familiar with the matter. The push comes after Mastercard decided not to proceed with an investment the two companies had previously discussed, marking a reversal from earlier partnership discussions between the payment giant and the crypto infrastructure provider.
Recent Capital and M&A Activity
The funding round announcement follows Zerohash's $104 million Series D raise completed in early 2025. The firm also recently acquired BVNK, a crypto payments platform, in a deal that expanded its service offerings in the institutional cryptocurrency space. Both moves underscore Zerohash's strategy to consolidate its position in the crypto-to-fiat rails market.
Market Context
Zerohash provides custody, settlement, and liquidity services for institutions and exchanges. The company's valuation target reflects continued investor confidence in infrastructure plays, even as regulatory scrutiny and consolidation pressures reshape the sector. The Mastercard withdrawal may signal cautious reassessment among traditional finance incumbents entering crypto infrastructure deals.
Why It Matters
For Traders
No immediate market impact on tradeable assets, though institutional crypto infrastructure funding activity can signal broader institutional appetite.
For Investors
Mastercard's exit suggests traditional finance caution on crypto infrastructure bets; Zerohash's continued funding appetite reflects belief in institutional adoption thesis.
For Builders
Zerohash's acquisition of BVNK and fresh funding may shape settlement and custody standards for dApps and protocols requiring institutional-grade infrastructure.
