TechFlow, July 12 — According to Fortune, cryptocurrency and stablecoin infrastructure provider Zerohash is nearing a funding round of about $100 million, valuing the company at nearly $1 billion. The round is led by online brokerage Interactive Brokers, according to sources familiar with the matter.
Founded in 2017, Zerohash provides backend infrastructure for cryptocurrencies and digital assets to financial institutions and has recently been active in the stablecoin space. The company has partnered with Stripe to help clients convert between cash and stablecoins, and collaborated with Securitize to support traditional finance giants such as BlackRock and Franklin Templeton in entering the tokenized asset market.
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