Institutions Back Digital Asset Infrastructure Firm Zerohash in $104 Million Raise

Zerohash, a leading crypto and stablecoin infrastructure platform, has secured $104 million in a Series D-2 funding round led by Interactive Brokers. The investment marks the first crypto foray for several institutional heavyweights, including Morgan Stanley, SoFi, and Apollo-managed funds.

The round brings Zerohash's total funding to $275 million, capital earmarked for product expansion and talent acquisition. Since 2017, the company has built infrastructure enabling businesses to integrate crypto and tokenization solutions, serving over 5 million users globally.

Notable clients leveraging Zerohash's technology include Blackrock's BUIDL Fund, Franklin Templeton, and DraftKings. The participation of traditional finance giants signals growing institutional confidence in blockchain-based financial infrastructure.