Zerohash Secures $100 Million in Funding Round Led by Interactive Brokers

Zerohash, a cryptocurrency and stablecoin infrastructure startup, is poised to raise $100 million in a funding round led by Interactive Brokers, nearly reaching a $1 billion valuation.

This funding initiative underscores Zerohash’s growing role in providing backend infrastructure for banks and fintech firms, facilitating the adoption of digital assets.

Interactive Brokers Drives Zerohash Toward $1 Billion Valuation

Zerohash, founded in 2017, has been providing essential backend services that enable financial institutions to integrate cryptocurrencies and digital assets. The company is set to enhance its market presence with a $100 million raise, led by Interactive Brokers, as reported by Fortune. Interactive Brokers’ leadership in this round represents significant institutional interest in crypto infrastructure, despite no official comments from Zerohash’s leadership.

The new funding is expected to strengthen Zerohash’s ability to support stablecoins and tokenized assets, potentially boosting liquidity and integration in mainstream finance. Participation of Interactive Brokers highlights the increasing confidence from traditional financial sectors in regulated crypto solutions.

Community reactions remain minimal as the news was not officially announced on traditional social media channels. However, the involvement of Interactive Brokers signals enhanced belief in stablecoin infrastructure, likely influencing other financial players to consider similar steps.

Zerohash Funding to Spur Regulatory and Institutional Growth

Did you know? Zerohash’s move to raise $100 million, with Interactive Brokers’ involvement, mirrors past infrastructure funding rounds like Fireblocks, leading to more prominent stablecoin adoption in regulated sectors.

Bitcoin, symbolized as BTC, remains a dominant force in the market with a price of $117,492.43, supporting a market cap of approximately $2.33 trillion. Its trading volume in the past 24 hours was around $47.87 billion, reflecting a decrease of 46.97%. The price has increased by 40.61% over the last 90 days, according to CoinMarketCap data.

Insights suggest the funding round led by Interactive Brokers could influence advancements in regulatory clarity and boost institutional adoption of digital assets. The Coincu research team anticipates greater integration of tokenized assets via robust infrastructure providers like Zerohash, potentially setting new trends in digital finance facilitation.