According to Forbes, sources revealed that Zerohash, a stablecoin infrastructure startup, plans to raise approximately $100 million at a valuation close to $1 billion. Interactive Brokers, a publicly traded online brokerage company, is leading this funding round. This financing follows Zerohash's Series D funding in 2022, when the company raised $105 million from investors including Bain Capital, Nyca, and Point72 Ventures. According to PitchBook data, the Series D funding valued the company at $340 million.
Founded in 2017, previously known as Zero Hash, Zerohash provides backend infrastructure to help banks, brokerage firms, and fintech companies offer cryptocurrencies, Non-Fungible Tokens, and other digital assets to their clients.
