Zerohash, a crypto infrastructure startup, secures $104 million in funding from financial firms like Morgan Stanley and SoFi. The Series D round, led by Interactive Brokers, values the company at $1 billion. Zerohash offers blockchain-based products in crypto trading, stablecoins, and tokenization, accelerating adoption with strategic investors who are also clients.

The favorable regulatory environment for cryptocurrencies under President Donald Trump has led to increased interest from financial firms like Morgan Stanley and Bank of America. Zerohash, founded in 2017, is at the forefront of this wave, providing banks and fintech firms with blockchain-based products in crypto trading, stablecoins, and tokenization. Interactive Brokers is already utilizing Zerohash for crypto trading and custody, with plans to launch a stablecoin product.

Zerohash CEO Edward Woodford hints at future announcements with investors like Morgan Stanley and SoFi, suggesting a deeper partnership beyond funding. The company’s focus on accelerating adoption across various verticals highlights the growing interest in blockchain technology and cryptocurrencies within the financial sector. With financial giants expressing confidence in crypto, Zerohash’s strategic position in the market is set to strengthen.

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