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

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

Hawkish Signal in Tightening Mode | Rewire News Brief

x402 and AI Agents: An Emerging Data Economy

Illustration: Despite 6 consecutive interest rate cuts, the interest rate outlook is trending upward

SpaceX is playing hardball with Nasdaq at the negotiation table, while Hyperliquid has already flipped the table.

Bloomberg: Once Blacklisted by the U.S., Bitmain Finds a New Powerful Backer

Three Charts Explain Why S&P Authorized Its Brand to trade.xyz

After the SEC and CFTC Join Forces, What Can the Crypto Market Look Forward To?

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase

Bitmain, mired in controversy, has found its strongest backing in the United States

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…

Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…

Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…

Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…