Zerohash raised $104 million, valuing the crypto infrastructure startup at $1 billion, according to CNBC. The Series D funding round was led by Interactive Brokers, with participation from Morgan Stanley, SoFi, and Apollo. Founded in 2017, Zerohash provides banks and fintechs with blockchain-based products in crypto trading, stablecoins, and tokenization. CEO Edward Woodford said the raise will accelerate adoption across all three areas, with Interactive Brokers set to launch a stablecoin product through the firm. The funding comes amid a shift in the U.S. regulatory environment under President Donald Trump, which has drawn financial giants back into crypto.
