Zero Hash, an infrastructure company in the cryptocurrency space, has raised $100 million in a new funding round, pushing its valuation close to $1 billion.
About Zero Hash
Zero Hash provides backend technologies that allow financial institutions, such as banks and brokerages, to offer crypto, NFTs, and tokenized assets directly to their customers.
Funding History and Partnerships
The company previously raised $105 million in its 2022 Series D round, backed by Bain Capital, Point72 Ventures, and Nyca Partners. This round valued the startup at $340 million, according to PitchBook data. Zero Hash has also expanded its reach through partnerships with major players, such as Stripe, which used its fiat-to-crypto on-ramp solution.
Growth Prospects and Stablecoin Market
The renewed funding push reflects accelerating demand for stablecoin infrastructure, especially as regulatory clarity improves and traditional finance deepens its involvement in digital assets.
The investments in Zero Hash highlight the company's relevance in the evolving cryptocurrency market and its potential for further growth amid changing financial environments.
