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The purchase price includes $300m in contingent payments, according to a statement by the companies. Mastercard is positioning itself to remain a player of choice as emerging technologies become more prominent, having unveiled a global partnership network with more than 85 digital-asset firms.
“The power comes from connecting to both, and connecting to both requires a number of intermediaries,” he said. “This is a very highly technical, sophisticated technology. Time to market does matter, and so we felt like for us to build, it would take us a little while.”
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