Zerohash seeks $250M in funding after Mastercard acquisition talks fail

Crypto firm Zerohash is pursuing a $250 million funding round after its acquisition talks with Mastercard reportedly collapsed, according to CoinDesk. Citing sources familiar with the matter, the report stated that Zerohash is in negotiations to raise the capital at a valuation of $1.5 billion. Although the acquisition deal has fallen through, Mastercard is still considering a strategic investment in Zerohash and discussions are ongoing. CoinDesk added that the specific figures are subject to change as the talks are still in the discussion phase.