ZeroHash Secures $104M Series D-2 Funding, Hits $1B Valuation

ZeroHash, a leading crypto and stablecoin infrastructure provider, has raised $104 million in a Series D-2 round led by Interactive Brokers (IBKR), pushing its valuation to $1 billion. The round also saw participation from major financial players including Morgan Stanley (MS), Apollo-managed funds, SoFi (SOFI), Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC, and Liberty City Ventures. Existing investors PEAK6, tastytrade, and Nyca Partners also joined the raise.

With this latest round, ZeroHash’s total funding climbs to $275 million. CEO and founder Edward Woodford stated that the new capital will fuel product innovation, talent expansion, and the company’s mission to become “the AWS of on-chain infrastructure.”

The funding marks a notable moment as it includes the first crypto and stablecoin investments for several top institutions, signaling rising demand for blockchain-based solutions among traditional finance.

Founded in 2017, ZeroHash provides APIs and embeddable developer tools that allow financial institutions and fintechs to integrate crypto, stablecoin, and tokenization services seamlessly. Its platform already powers products for Interactive Brokers, Stripe, BlackRock’s BUIDL fund, Franklin Templeton, and DraftKings, supporting over 5 million users across 190 countries.

The raise comes amid growing institutional interest in enterprise-grade crypto infrastructure. As financial institutions accelerate adoption of tokenized assets, stablecoins, and on-chain settlement, ZeroHash is positioning itself as a core provider enabling scalable blockchain solutions for global finance.