Interactive Brokers is reportedly leading a major funding round for crypto infrastructure firm Zero Hash, according to sources cited by Fortune.
The round is expected to raise approximately $100 million, pushing Zero Hash’s valuation close to $1 billion.
Zero Hash provides backend technology that enables financial institutions—like banks, brokerages, and fintech platforms—to offer crypto, NFTs, and tokenized assets directly to their customers. The infrastructure firm has become an integral part of the growing stablecoin ecosystem, offering compliant, embedded crypto services for traditional finance.
The company previously raised $105 million in its 2022 Series D round, with backing from Bain Capital, Point72 Ventures, and Nyca Partners, among others. That round valued the startup at $340 million, per PitchBook data.
Zero Hash has since expanded its reach through partnerships with major players. Stripe used its fiat-to-crypto on-ramp solution in 2022, and in 2024, it enabled USDC-to-USD conversions for institutions via a deal with tokenization firm Securitize.
The renewed funding push reflects accelerating demand for stablecoin infrastructure, especially as regulatory clarity improves and traditional finance deepens its involvement in digital assets.
Source: https://coindoo.com/interactive-brokers-leads-funding-round-for-crypto-infrastructure-firm-zero-hash/