On March 17, 2026, Mastercard announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The deal further expands Mastercard's end-to-end support of digital assets and value movement across currencies, rails, and regions. Wilson Sonsini Goodrich & Rosati advised Mastercard on data, privacy, and cyber issues related to the transaction.

The acquisition expands Mastercard's ability to support greater choice in how people and businesses exchange business value and adds to its recent commitments, such as the Mastercard Crypto Partner Program, to foster more collaboration and innovation to maximize the opportunity in the next phase of on-chain payments for all involved. The transaction, which is anticipated to close before the end of the year, is subject to regulatory review and other customary closing conditions.

The Wilson Sonsini data, privacy, and cybersecurity team that advised Mastercard included:

Cédric Burton
Daniel Chen
Demian Ahn
Colin Black
Dantam Chan
Carol Evrard
Kimia Favagehi
Chany Kim
Yaron Moszynski
Dan Shin
Hattie Watson​

For more information, please see Mastercard's news release. Additional coverage is available in The Wall Street Journal and Law360.