ZeroHash Raises $104 Million to Strengthen Crypto Solutions
- ZeroHash secured $104 million in a funding round led by Interactive Brokers.
- Other participants included Morgan Stanley, SoFi, and Apollo.
- The startup’s valuation has increased to $1 billion following this investment.
- ZeroHash offers tools for banks and fintech firms in areas like stablecoins, crypto trading, and tokenization.
- Funds will be used to enhance product development and expand the team.
This funding round reflects strong investor confidence in ZeroHash’s ability to innovate within the cryptocurrency infrastructure space, particularly for financial institutions looking to integrate blockchain technology effectively.
The successful acquisition of $104 million positions ZeroHash as a significant player in the crypto sector, enabling further development of its offerings for banks and fintech companies.(Source)
