Announced
Completed
Financials
Tags
Single Bidder
cryptocurrency
Majority
United States
Digital Services
Domestic
Private
Friendly
Acquisition
Completed
Synopsis
Mastercard, a financial services corporation, completed the acquisition of CipherTrace, a cryptocurrency intelligence company. Financial terms were not disclosed. Digital assets have the potential to reimagine commerce, from everyday acts like paying and getting paid to transforming economies, making them more inclusive and efficient. With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe. Our aim is to build upon the complementary capabilities of Mastercard and CipherTrace to do just this," Ajay Bhalla, Mastercard President.
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