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Zerohash Seeks Funds After Mastercard Deal Fails
PYMNTS·
Digital assets infrastructure provider Zerohash is reportedly seeking new investment after Mastercard abandoned a planned investment. The decision by Mastercard, a major payments company, to pull out follows its own significant acquisition in the stablecoin sector. This development suggests potential shifts in how established financial institutions are approaching investments in the digital asset space, possibly due to regulatory scrutiny or strategic realignments. Zerohash's pursuit of alternative funding indicates resilience and a continued effort to grow its operations despite the setback.
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fintech
funding
acquisition
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PYMNTS — pymnts.com