Zerohash plans to raise $100 million at a valuation close to $1 billion, with Interactive Brokers leading the investment.

Crypto and stablecoin infrastructure startup Zerohash is preparing a new round of financing of approximately $100 million, with a valuation of nearly $1 billion, led by online brokerage Interactive Brokers. Founded in 2017, Zerohash completed a Series D financing in 2022 with a valuation of $340 million. The company provides crypto asset and stablecoin access services for banks, brokers, and fintech platforms. [Fortune]