Funding Weekly Report | Mastercard Acquires Stablecoin Infrastructure Company BVNK; Yellow Card Completes $40 Million Strategic Funding with Standard Chartered, Sony, and Others Participating
- Mastercard has completed the acquisition of stablecoin infrastructure company BVNK to enhance its global stablecoin service capabilities.
- Yellow Card announced the completion of a $40 million strategic funding round with participation from Standard Chartered, Sony, and others.
- The funding will be used to expand Yellow Card's Global USD Accounts service and broaden its stablecoin payment infrastructure.
Last week, Mastercard announced that it has completed the acquisition of BVNK, a stablecoin infrastructure company, as part of its strategy to enhance global stablecoin services. The acquisition was initially planned for up to $1.8 billion.
Additionally, Yellow Card, a stablecoin infrastructure company, reported the completion of a $40 million strategic funding round. This funding round saw participation from notable investors including Standard Chartered and Sony.
The funds raised by Yellow Card will be directed towards expanding its Global USD Accounts service and improving its stablecoin payment infrastructure, which aims to facilitate easier transactions for global enterprises without relying on traditional banking systems.
融资周报 | 万事达卡收购稳定币基础设施公司BVNK；Yellow Card完成与标准 Chartered、索尼等参与的4000万美元战略融资
上周，万事达卡宣布已完成对稳定币基础设施公司BVNK的收购，作为其增强全球稳定币服务战略的一部分。这笔收购最初计划金额高达18亿美元。
此外，稳定币基础设施公司Yellow Card报告称完成了与标准 Chartered和索尼等知名投资者参与的4000万美元战略融资。
Yellow Card筹集的资金将用于扩展其全球美元账户服务，并改善其稳定币支付基础设施，旨在为全球企业提供更便捷的交易方式，而无需依赖传统银行系统。