Zerohash, a provider of infrastructure for cryptocurrencies and stablecoins, has secured approximately $100 million in new funding, nearing a $1 billion valuation.
Zerohash's Financial Success
Zerohash has bolstered its market position with support from major financial institutions. This funding round marks a significant point in growing interest in digital assets.
Support from Interactive Brokers
Interactive Brokers leads this investment round, emphasizing the growing interest from traditional finance in cryptocurrency infrastructure. According to Edward Woodford, Co-founder & CEO of Zerohash, "Zerohash's infrastructure updates and capital raise signal growing TradFi confidence in crypto rails, with major players like Interactive Brokers now leading institutional support." CITE_W_A
Impact on the Cryptocurrency Market
Support from prominent investors may lead to increased liquidity and activity in the BTC and ETH markets. While official liquidity data is currently absent, there is a sense of growing potential for the adoption of digital currencies.
The funding received by Zerohash highlights the potential for the integration of digital assets into traditional financial systems, confirming increasing trust from financiers in cryptocurrency infrastructure.
