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.
Mastercard has announced the completion of its acquisition of BVNK, a company that provides infrastructure for stablecoins. This move is aimed at enhancing Mastercard's capabilities in the global stablecoin market, with the acquisition previously valued at up to $1.8 billion.
In a separate development, Yellow Card, a stablecoin infrastructure company, has successfully completed a strategic funding round amounting to $40 million. This funding round saw participation from notable investors including Standard Chartered and Sony.
The funds raised by Yellow Card will be utilized to expand its Global USD Accounts service and enhance its stablecoin payment infrastructure, allowing for better connectivity in global markets. The company has now raised over $120 million in cumulative equity funding.
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
万事达卡宣布已完成对BVNK的收购，该公司提供稳定币基础设施。这一举措旨在增强万事达卡在全球稳定币市场的能力，此次收购的估值曾高达18亿美元。
在另一个发展中，稳定币基础设施公司Yellow Card成功完成了一轮4000万美元的战略融资。这轮融资吸引了包括标准 Chartered和索尼在内的知名投资者参与。
Yellow Card筹集的资金将用于扩展其全球美元账户服务，并增强其稳定币支付基础设施，以便更好地连接全球市场。该公司目前的累计股权融资已超过1.2亿美元。