ZeroHash Raises $104M In A Series D Round
ZeroHash Raises $104M In A Series D Round. Photo By Lianhao Qu On Unsplash.
ZeroHash has announced it has successfully raised $104M in a series D round at a $1B valuation for managing institutional stablecoin and crypto services, according to the company's press release.
The company has added the latest round of capital to continue building its native infrastructure for global brokerages, payment providers and large financial institutions. This was initially led by Interactive Brokers, with further participation from Morgan Stanley, SoFi, Apollo, IMC, Liberty City Ventures, Jump Crypto, and others.
Reacting to the latest round, Founder and CEO Edward Woodford expressed:
“We are building the AWS of on-chain infrastructure. This raise, and the caliber of our investors and clients, is testament to the trust we’ve built. It further underscores the scale and the proven track record that we have developed since founding in 2017. Crypto, stablecoins and tokenization aren’t coming - it’s here - and zerohash is the engine behind the scenes.”
ZeroHash has already achieved $50B+ in onchain settlements and continues to conduct operations across 200+ countries, offering essential enterprise solutions such as account funding, remittances, staking, tokenization of institutional assets and crypto trading.
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