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Zerohash plans to raise $100 million with a valuation close to $1 billion.
According to reports, the crypto assets and stablecoin infrastructure startup Zerohash plans to raise $100 million at a valuation of nearly $1 billion. The publicly listed online broker Interactive Brokers will lead this funding round.
Zerohash was founded in 2017 to provide backend infrastructure for banks, brokers, and fintech companies, helping them launch Crypto Assets, NFTs, and other digital assets for their clients. The company has become an influential player in the popular stablecoin space, which refers to Crypto Assets that are pegged to underlying assets such as the US dollar.