Why Mastercard stock is moving: MetaMask’s U.S. crypto card launch and an insider filing
Mastercard shares fell 5.6% to $509.39 Thursday, dragging Visa and American Express lower, as investors questioned the impact of AI-driven “agent” payments and crypto rails. Consensys launched the MetaMask Card nationwide, linking crypto wallets to Mastercard’s network. Executive Hai Ling sold nearly 9,000 shares under a pre-set plan. Mastercard’s annual report highlighted new AI payment products and said 40% of its transactions are tokenized.