Insider: Stablecoin Infrastructure Zerohash to Raise $100 Million in Funding at $1 Billion Valuation
BlockBeats News, July 12th, according to Fortune citing sources familiar with the matter, cryptocurrency and stablecoin infrastructure startup Zerohash is set to close a funding round of about $100 million, with a valuation close to $1 billion. Online brokerage firm Interactive Brokers leads this funding round.
Reportedly, Zerohash provides backend infrastructure support for banks, brokerages, and fintech companies for digital assets such as cryptocurrencies and NFTs, and has grown to become a key player in the stablecoin space. Its core operations include partnering with Stripe to facilitate fiat-to-stablecoin exchanges through a network of banking relationships and regulatory licenses. It has helped traditional financial institutions like BlackRock and Franklin Templeton participate in tokenization initiatives and has provided stablecoin exchange services to clients like the prediction market Kalshi and digital bank MoneyLion.
You may also like

Crypto VC, Mass Producing "Fake AI Projects"

MEET48 Launches IDOL Token Staking Program on BNB Chain: 90-Day Lockup with 40% APR

AI Agent Economic Infrastructure Research Report (Part 1)

Gold Plunges 7% in Single-Day Crash, War Fails to Provide Haven|Rewire News Evening Report

The young stock god stages a melodramatic family drama: Huoliao Sen is emptied of 160 million USD in BTC by his partner

With an annual income of hundreds of millions and aggressive buybacks, why is Pump.fun still being "shorted" by the market?

An undisclosed loan reveals the ties between the U.S. Secretary of Commerce and Tether

If the first batch of stablecoin licenses in Hong Kong is really only issued to banks, we might miss out on the next decade

After the doubling, how much more "war dividend" can Circle claim?

Guardian of Billions in Assets, Yet Unable to Sustain Itself: Tally Bows Out After Five Years

Teenage Stock Market Wizard Caught in a Melodramatic Family Drama: Bed Partner Secretly Films Recovery Phrase, Steals $160 Million in BTC

How Bad Are the Midterm Elections for the Crypto Industry?

An Undisclosed Loan, Tearing Open the Nexus Between the US Commerce Secretary and Tether

Transaction Volume Skyrockets 60x: How Next-Gen Financial Infrastructure is Pricing Oil

LALIGA Preview: Real Madrid Defends the Crown as Atlético Aims to Disrupt the Capital’s Order
[Match Info]
- Fixture: Real Madrid vs. Atlético de Madrid
- Kick-off: March 23, 04:00 AM (Beijing Time)
- Venue: Santiago Bernabéu

LALIGA Preview: Barcelona Eyes Continued Dominance While "The Lightning" Targets a Camp Nou Upset
[Match Info]
- Fixture: FC Barcelona vs. Rayo Vallecano
- Kick-off: March 22, 04:00 AM (Beijing Time)
- Venue: Estadi Olímpic Lluís Companys

What can we expect from the crypto market after the SEC and CFTC join forces?
