Stablecoin Infrastructure Startup Zerohash Plans $100 Million Fundraising at Nearly $1 Billion Valuation, Led by Interactive Brokers

On July 12, it was reported that cryptocurrency and stablecoin infrastructure startup Zerohash plans to raise $100 million at a valuation close to $1 billion. Publicly listed online broker Interactive Brokers will lead this funding round. Founded in 2017, Zerohash provides backend infrastructure for banks, brokers, and fintech companies, helping them launch cryptocurrencies, NFTs, and other digital assets to their clients.