Despite the regulatory uncertainty surrounding crypto, “the technology itself is quite promising,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, told Fortune.
Institutional finance in the U.S. has recently doubled down on crypto.
After BlackRock submitted an application for a Bitcoin spot ETF in mid-June, a slew of other asset managers followed suit, including WisdomTree and Invesco. Now, Mastercard has joined the fray.
