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Crypto Infrastructure Powerhouse Zerohash Secures $104M Mega-Round Led by Wall Street Titans Interactive Brokers and Morgan Stanley

Crypto Infrastructure Powerhouse Zerohash Secures $104M Mega-Round Led by Wall Street Titans Interactive Brokers and Morgan Stanley

Author:
Coindesk
Published:
2025-09-23 17:33:02
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Crypto Infrastructure Firm Zerohash Raises $104M in Round led by Interactive Brokers, Morgan Stanley

Wall Street just placed its biggest bet yet on crypto infrastructure—and the timing couldn't be more provocative.

The Institutional On-Ramp Heats Up

Zerohash's nine-figure haul signals traditional finance's accelerating pivot toward digital asset infrastructure. Interactive Brokers and Morgan Stanley aren't just dipping toes—they're building bridges while regulators still scratch their heads about basic definitions.

Behind the Banking Curtain

This isn't some speculative VC gamble. When established financial institutions lead rounds this substantial, they're not betting on hype—they're buying architectural seats at the table. The infrastructure layer becomes the ultimate moat while retail traders fight over meme coin pumps.

Why This Round Changes Everything

$104 million doesn't just fund expansion—it legitimizes an entire ecosystem. Traditional finance finally admits the rails matter more than the regulatory theater. They'll lecture about risk management while quietly building the exact infrastructure they publicly caution against—because nothing beats collecting tolls on both sides of the revolution.

|Square

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