Zerohash, a crypto and stablecoin infrastructure startup, is reportedly raising $100 million at a valuation of nearly $1 billion in a round led by Interactive Brokers, signaling surging investor interest in stablecoin platforms. The company, which previously raised $105 million in 2022 at a $340 million valuation, enables banks and fintechs to offer crypto products and has formed partnerships with major players, including Stripe and firms linked to BlackRock. The funding comes amid a broader boom in stablecoin investments, driven by bullish crypto markets and high-profile moves, such as Circle’s IPO and Stripe’s $1.1 billion acquisition of Bridge.
Crypto and Stablecoin Infrastructure Startup Zerohash to Raise $100 Million at $1 Billion Valuation