Zerohash Seeks $100M Funding from Interactive Brokers

Zerohash is looking to secure $100 million in funding, led by Interactive Brokers, to reach a $1 billion valuation. Founded in 2017, Zerohash specializes in providing backend infrastructure for stablecoin and cryptocurrency solutions.

As Zerohash strives for a significant funding boost, its valuation is poised to reach a substantial $1 billion. The move suggests increasing interest and confidence in stablecoin infrastructure by leading financial institutions like Interactive Brokers, although no public statements accompany the announcement.

Zerohash, founded in 2017, is known for its backend infrastructure in the crypto sector, specializing in solutions for fintech firms and banks. Interactive Brokers leads the $100 million funding round, signaling TradFi’s deeper integration into stablecoin operations.

The potential influx of capital could have broad implications for the crypto industry, as Zerohash’s infrastructure supports stablecoin liquidity and flows, particularly affecting fintech partners and stablecoins like USDC and USDT, though no direct market volatility is anticipated.

There are currently no available quotes from key players, leadership, or recognized industry voices regarding Zerohash’s funding round. Neither the leadership of Zerohash nor Interactive Brokers has made public statements about the transaction, and no commentary from industry KOLs has been found. All insights are based on available primary sources and documentation without direct quotes.

From a financial perspective, this raises Zerohash’s profile significantly within the stablecoin market. However, no immediate changes in asset prices or industry volatility are expected, as the company acts as middleware rather than a direct protocol player.

Zerohash’s history of partnerships and investments highlights a trend towards increased collaboration between fintech and traditional finance sectors. Despite the lack of direct commentary, the funding reinforces a growing trend of institutional interest in crypto infrastructure.

Ultimately, this funding round may prompt reassessment of crypto infrastructure strategies among peers. While historical events show consistent stability in major asset prices, future regulatory and technological developments could shift market dynamics significantly.