Interactive Brokers backs zerohash $104m raise

zerohash, a digital asset and stablecoin infrastructure platform founded in 2017, has reached unicorn status after completing a fresh capital raise.

The company secured $104m in its Series D-2 funding round, led by Interactive Brokers. Major investors also took part, including Morgan Stanley, Apollo-managed funds, SoFi, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC, and Liberty City Ventures. Existing backers PEAK6, tastytrade, and Nyca Partners also supported the round, which represents one of the largest private raises in the sector this year.

zerohash builds regulatory-compliant infrastructure that enables businesses to integrate digital asset, stablecoin, and tokenised asset solutions into their platforms. Its API and developer tools allow companies to launch services in areas such as trading, cross-border payments, remittance, payroll, and tokenisation.

The company supports clients across 190 countries and powers solutions for major names including Stripe, Shift4, DraftKings, Franklin Templeton, BlackRock’s BUIDL Fund, and Interactive Brokers itself.

The firm said the new funding will be used to accelerate product expansion, grow its workforce, and strengthen its position as a backbone of on-chain innovation for financial institutions.

zerohash CEO Edward Woodford said, “We are building the AWS of on-chain infrastructure. This raise, and the caliber of our investors and clients, is testament to the trust we’ve built. It further underscores the scale and the proven track record that we have developed since founding in 2017.”

Investors also voiced support. Interactive Brokers CEO Milan Galik said, “Interactive Brokers has always prioritized giving clients broad access to global markets. zerohash has been central in enabling us to expand into digital assets and continue to innovate with confidence. Their regulatory-first approach and proven scalability align with our values and we’re pleased to deepen our partnership through continued investment.”

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