Log in

News

Payment giant Mastercard acquires blockchain analytics start-up CipherTrace

Updated: Jul 25, 2024
Published: Sep 9, 2021
0
Share:

Traditional payment companies are starting to expand their presence in the cryptocurrency space, and Mastercard has now made a huge acquisition.

Post Feature Image

Mastercard agrees to buy CipherTrace

Payment giant Mastercard announced earlier today that it had reached an agreement to acquire blockchain analytics start-up CipherTrace. Mastercard didn’t reveal the amount involved in the deal, but it shows a growing trend of traditional payment companies entering the cryptocurrency space.

In a blog post earlier today, Mastercard said, “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.”

Mastercard said it intends to integrate offerings that would build on CipherTrace’s suite of digital assets and Mastercard’s cyber security solutions. The services would provide businesses and organizations with greater transparency. This feature would help them identify and understand the risks involved and to help manage their digital asset regulatory and compliance obligations.

According to Mastercard, the acquisition would help the provide services to businesses in various areas such as NFTs and cryptocurrency investments. Ajay Bhalla, president, Cyber & Intelligence at Mastercard, noted that “With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe. Our aim is to build upon the complementary capabilities of Mastercard and CipherTrace to do just this.”

Traditional payment companies are going big on crypto

Traditional payment companies like Mastercard, Visa and PayPal are going big on cryptocurrencies. Visa has been one of the most active traditional financial institutions in the cryptocurrency space.

Visa is currently working on a service that would allow Brazilian banks to provide cryptocurrency services to their customers. Furthermore, the payment giant also wants to boost crypto card payments in the Latin American country.

Visa also bought a CryptoPunk NFT for $150,000. In the first half of 2021, crypto-linked card usage on Visa surpassed $1 billion. This figure could have been one of the major catalysts that convinced Visa and other payment giants to go big on cryptocurrencies.

Take your next step towards crypto success

Login or upgrade to Cryptonary Pro

Pro

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

$1,548 $799

No risk. Only upside. If we don’t outperform the market during your subscription, we will give you 100% of your money back. No questions asked

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

What’s included?

  • 24/7 Access to Cryptonary's Research team who have over 50 years of combined experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)

  • Curated list of the most lucrative upcoming Airdrops (Free Money)

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked.

Recommended from Cryptonary
State of the Market: October 2025
PRO
Research Report
State of the Market: October 2025Crypto just endured one of the largest liquidation events in its history, with more than $19B in pos...
23 min read
Oct 15, 2025
Altcoin Scanner: Looking into TAO, SNX, ZEC, USELESS, SPX
PRO
Market Direction
Altcoin Scanner: Looking into TAO, ...On this edition of the Altcoin Scanner, we will look at several altcoins that see major rebounds fol...
6 min read
Oct 14, 2025
Market Update: Spotlight Shifts to Fed Cuts and Trade Tensions
PRO
Market Updates
Market Update: Spotlight Shifts to ...Volatility is back with force. A historic $19.5B in liquidations, renewed trade tensions, and shifti...
10 min read
Oct 14, 2025