Crypto Infrastructure Firm Zerohash Raises $104M in Round led by Interactive Brokers, Morgan Stanley

CN
coindesk
Follow
13 hours ago


ZeroHash, a crypto and stablecoin infrastructure provider, has raised $104 million in a Series D-2 round led by Interactive Brokers (IBKR), valuing the company at $1 billion.

The raise included new participation from Morgan Stanley (MS), Apollo-managed funds, SoFi (SOFI), Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing backers PEAK6, tastytrade, and Nyca Partners, the company said in a press release Tuesday.

The fresh capital brings ZeroHash’s total funding to $275 million and will fuel product expansion, talent growth, and its ambition to become “the AWS of on-chain infrastructure,” CEO and founder Edward Woodford said in the release.

The raise marks the first crypto and stablecoin investments for several big players, signaling growing demand from financial institutions to build on-chain solutions at scale.

Founded in 2017, Zerohash provides APIs and embeddable developer tools that enable financial institutions and fintechs to offer crypto, stablecoin and tokenization products.

Its platform already powers solutions for Interactive Brokers, Stripe, BlackRock’s BUIDL fund, Franklin Templeton and DraftKings, serving more than 5 million users across 190 countries.

The fundraising comes as demand for enterprise-grade crypto infrastructure grows, with more financial institutions seeking to offer tokenized assets, stablecoins and on-chain settlement at scale.

Read more: Morgan Stanley Crypto Trading Ambitions Drawing Nearer: Bloomberg


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink