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Mastercard Acquires Ciphertrace To Enhance Crypto Capabilities

PUBLIC · MASep 09, 2021

Acquiring Company

Mastercard

Acquired Company

Ciphertrace. Inc.

PurchaseLos GatosInformation TechnologyFinancial ServicesSoftwareArtificial IntelligenceInternet ServicesFinanceFintechLendingAnalyticsMachine LearningBusiness Consulting and ServicesInformation TechnologyFinancial ServicesSoftwarePayments

Description

Mastercard (NYSE: MA) will extend its capabilities deep into the field of digital assets with an agreement to acquire CipherTrace, a leading cryptocurrency intelligence company with insight into more than 900 cryptocurrencies.

Quick answer

Mastercard is acquiring Ciphertrace. Inc., announced September 9, 2021. Mastercard is based in Purchase, New York, United States.

Who acquired Ciphertrace. Inc?
Mastercard agreed to acquire Ciphertrace. Inc. on September 9, 2021.
How much did Mastercard pay for Ciphertrace. Inc?
The deal value was not disclosed.
What does Mastercard do?
Mastercard is a global technology company in the payments industry.
Where are Mastercard and Ciphertrace. Inc. based?
Mastercard is based in Purchase, New York, United States. Ciphertrace. Inc. is based in Los Gatos, California, United States.
Who are the decision-makers at Mastercard?
Fundz holds 2 contacts at Mastercard. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Mastercard

Location

2000 Purchase Street

Purchase, New York, United States

About

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. www.mastercard.com

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Frequently asked

Who acquired Ciphertrace. Inc.?

Ciphertrace. Inc. was acquired by Mastercard, based in Purchase. The deal was reported on September 9, 2021. Mastercard is a global technology company in the payments industry. Mastercard is publicly traded (MA) and operates in Information Technology.

When did Mastercard acquire Ciphertrace. Inc.?

Mastercard's acquisition of Ciphertrace. Inc. was reported on September 9, 2021. Mastercard (NYSE: MA) will extend its capabilities deep into the field of digital assets with an agreement to acquire CipherTrace, a leading cryptocurrency intelligence company with insight into more than 900 cryptocurrencies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ciphertrace. Inc. do?

CipherTrace, a leading cryptocurrency intelligence company, bridges virtual currencies and financial services together with fraud protection, anti-money laundering and financial investigation solutions. It is privately held, operating in Information Technology, and is based in Los Gatos.

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