Crypto Infrastructure Startup Zerohash Secures $104M Funding, Valued at $1B.

Zerohash, a cryptocurrency and stablecoin infrastructure startup, has raised $104 million in a Series D-2 funding round, led by Interactive Brokers, valuing the company at $1 billion. The funding round was backed by Morgan Stanley and SoFi, bringing Zerohash's total funding to $275 million. The company will use the funds to accelerate product expansion, support talent growth, and solidify its role in powering on-chain innovation for financial institutions.

Zerohash, a cryptocurrency and stablecoin infrastructure startup, has raised $104 million in a Series D-2 funding round, led by Interactive Brokers, valuing the company at $1 billion. This significant investment brings Zerohash's total funding to $275 million. The funding round was backed by Morgan Stanley and SoFi, among other notable participants.

Founded in 2017, Zerohash specializes in providing cryptocurrency, stablecoin, and tokenization infrastructure for financial institutions. The company's latest funding will be used to accelerate product expansion, support talent growth, and solidify its role in powering on-chain innovation for the financial sector.

Edward Woodford, founder and CEO of Zerohash, commented on the funding, "Crypto now is not a debated issue at this point at large institutional banks." The company has seen steady growth over the past three years, even during the challenging Crypto Winter of 2022 through 2024.

Zerohash's three business verticals include a white-labeled crypto brokerage, APIs for tokenization, and stablecoin networks. The company's ability to grow with headwinds is a testament to its resilience and potential for further growth with tailwinds.

The funding round reflects the increasing interest and investment from traditional finance institutions in the crypto space. Zerohash's success highlights the growing acceptance and adoption of blockchain technology by Wall Street firms.