Mastercard (MA) is exploring a strategic investment in blockchain firm Zerohash after acquisition negotiations ended, CoinDesk reported Tuesday, citing a person familiar with the matter.

Zerohash decided to remain independent, concluding late-stage talks with the credit-card company on a reported bid of as much as $2 billion, CoinDesk said.

"We believe that remaining independent best positions Zerohash to continue innovating, building and delivering for our customers," a company spokesperson said in an email statement, according to CoinDesk.

Mastercard didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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