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28 September 2021

Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace – Finance Bitcoin News

Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace – Finance Bitcoin News


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Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace – Finance Bitcoin News.

Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace.

On Thursday, the financial payments giant Mastercard (NYSE: MA) has revealed the company has acquired the blockchain surveillance firm Ciphertrace.

Ciphertrace says the firm’s software helps companies find solutions to “enhance their security and fraud monitoring activities for crypto-related programs.” Dave Jevans, CEO of Ciphertrace, explained that Mastercard and Ciphertrace share a similar vision.

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