Zerohash Bridges Traditional and Tokenized Finance at $1B Valuation

Zerohash, a leading crypto and stablecoin infrastructure startup, has completed a $104 million Series D funding round at a $1 billion valuation, led by Interactive Brokers Group Inc. and supported by other undisclosed investors, according to sources familiar with the deal. This marks a significant valuation increase from the company’s 2022 Series D round, which valued Zerohash at $340 million after raising $105 million. The latest capital infusion underscores growing investor confidence in the stablecoin sector and Zerohash’s role as a critical infrastructure provider for digital asset adoption.

Founded in 2017, Zerohash offers backend solutions that enable financial institutions, brokerages, and fintech companies to integrate cryptocurrencies, NFTs, and stablecoins into their services. The company has positioned itself as a key player in the stablecoin ecosystem by facilitating seamless conversions between fiat and digital assets. Notable partnerships include collaborations with Stripe, which leverages Zerohash’s banking relationships to convert cash into stablecoins, and Securitize, which uses the platform to tokenize traditional financial assets like money market funds. Zerohash’s client base also includes fintech platforms such as MoneyLion and prediction market Kalshi.

The stablecoin market has experienced a surge in venture capital interest, driven by regulatory developments and the broader crypto market’s resurgence. In 2025, Bitcoin’s price reached multiple all-time highs, and the Senate passed a bill to regulate crypto assets, signaling institutional legitimacy. Major corporations, including Walmart and Amazon, have explored stablecoin adoption, while tech giants like Meta and Apple have engaged with crypto firms to explore payments integration. Zerohash’s infrastructure aligns with this trend, providing a bridge between traditional finance and the tokenized economy.

The company’s funding trajectory reflects its strategic positioning. Earlier rounds, including a $15 million Series B in 2018 and a $35 million Series C in 2021, were led by investors like Bain Capital Ventures and Point72 Ventures. The 2022 Series D, which raised $105 million, was followed by the current round, which values Zerohash at a 294% increase over two years. Interactive Brokers, a publicly traded brokerage, emerged as the lead investor, signaling broader acceptance of crypto infrastructure in mainstream finance. The round also follows a broader trend of stablecoin startups securing significant capital, such as Bridge’s $1.1 billion acquisition by Stripe and Agora’s $50 million raise led by Paradigm.

Zerohash’s growth is tied to the demand for compliant, scalable solutions in a rapidly evolving market. The company’s platform addresses regulatory and operational complexities, allowing clients to offer digital assets without building infrastructure from scratch. As stablecoins gain traction for cross-border payments and asset tokenization, Zerohash’s role as a facilitator of these transactions is expected to expand. The new funding will likely accelerate the company’s global expansion, enhance its technology stack, and deepen its partnerships with financial institutions.

The stablecoin sector’s momentum is further supported by institutional demand. For instance, Japan’s Metaplanet and MicroStrategy’s Michael Saylor have aggressively accumulated Bitcoin, while spot ETF inflows have surged, reflecting sustained institutional interest. Zerohash’s infrastructure enables these players to tokenize assets and manage stablecoin liquidity efficiently. With the stablecoin market projected to grow as regulatory clarity improves, Zerohash’s platform is well-positioned to benefit from increased adoption.

Zerohash’s success highlights the broader transformation of the financial ecosystem. As traditional institutions and tech companies integrate stablecoins into their offerings, infrastructure providers like Zerohash are becoming essential partners. The company’s ability to navigate regulatory landscapes and scale its services will be critical in sustaining its growth. With a $1 billion valuation and a strong investor base, Zerohash is poised to play a pivotal role in shaping the future of digital asset infrastructure.