Mastercard Pitches Scale and Acceleration to Crypto Startups at ETH Denver 2022

Mastercard

Mastercard was in recruitment mode for its Start Path group at ETH Denver last week with a pitch to attendees and their hot crypto companies. Partnership and building were the key themes by company representative Grace Berkery who is Program Manager, Fintech & Enablers – Digital Assets & Cryptocurrencies,

Mastercard announced its inaugural startup accelerator program in July and Berkery highlighted to the audience the vast resources of the traditional fintech company – and its $350 billion market cap – as well as its commitment to the blockchain and crypto space.

Recent blockchain-related announcements for Mastercard include:

    • In December, the company inked a deal with MetaMask developer ConsenSys to create a rollup offering on Ethereum mainnet for improved scalability. (see release).
    • During its January earnings conference call, the company said it was partnering with Coinbase to help facilitate the purchase of NFTs by consumers.
    • This month, Mastercard said it is expanding its digital consulting business, too (see release).

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Blockchain Association Sees Challenges and Opportunity Ahead For Crypto at ETH Denver 2022

Kristin Smith of the Blockchain Association

Momentum in the blockchain and cryptocurrency industry was on full display as ETH Denver 2022 pulsed in the Mile High city last week. Among the Saturday slate’s many presentations, Blockchain Association executive director Kristin Smith explained the state of the industry from her perch as she helps manage industry connections to DC policymakers.  

To begin, in addition to her work around DC-focused industry communications, Smith sketched out the Association’s org chart which includes key members such as Jake Chervinsky, the organization’s head of policy in DC, and a lobbying team which interacts directly with government policymakers across regulatory and legislative functions. 

As for challenges the blockchain industry is encountering today, there are many according to Smith. She identified several recent developments while remaining sanguine about the industry’s prospects overall saying, ”As an industry and ecosystem we are in a really strong place in Washington and our political power is only growing. If we continue to work together in a coordinated way, I think the policies are going to work out just fine.”

A selection of the recent developments

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