Brex valuation halved by Capital One; Zero Hash walking away from MasterCard's $2Bn deal
Fintech tide shift as stablecoin infra layer grows more important
This week, I want to unpack two big headlines from last week, both in the M&A bucket, but pointing in opposite directions.
The first: Brex being acquired by Capital One for $5.15B—an announcement that surprised a lot of people.
The second: Zero Hash moving in the other direction—walking away from a potential Mastercard acquisition and signaling a prefere…
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