logo
  

Mastercard Unveils Offering For Banks, Fintechs To Enable Buy, Hold, Sell Of Select Crypto Assets

Mastercard (MA) said, in partnership with regulated and licensed crypto custody providers, its financial institution partners will gain access to a comprehensive
suite of buy, hold and sell services for select crypto assets. This Crypto Source
offering is complemented by Mastercard Crypto Secure for additional security.

The Mastercard Crypto Source offering is currently being prepared for pilot programs. Additional details on broader availability will be made available at a later date, Mastercard noted.

To support the Crypto Source program, Mastercard is expanding its partnership and work
with Paxos Trust Company, a regulated blockchain infrastructure platform. The partnership aims for Paxos to provide crypto-asset trading and custody services on behalf of the banks.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Health services company Cigna Corp. reported Friday higher profit in its fourth quarter reflecting growth in both Evernorth and Cigna Healthcare segments. Adjusted earnings and topline beat market estimates. Looking ahead for fiscal 2023, the company projects adjusted earnings and adjusted revenues to be higher than last year, but below market view. French drug major Sanofi SA reported Friday higher profit in its fourth quarter with strong revenue growth mainly with strong sales of Dupixent. Looking ahead for fiscal 2023, the company projects higher business earnings, but the expected growth is slower than recorded in fiscal 2022. Sanofi shares were losing around 4 percent in the morning trading in Paris as well as in pre-market activity... Chinese electric vehicle manufacturer Xpeng announced the launch of its two latest smart EV models for a number of European markets. Xpeng G9 flagship SUV, and the new P7 sports sedan are now available for order in Denmark, Norway, the Netherlands, and Sweden. Both models are on show at eCar Expo 2023 in Stockholm from February 3 to 5.
Follow RTT