Stablecoin infrastructure startup Zerohash plans to raise $100 million at a valuation of nearly $1 billion

According to Forbes, sources familiar with the matter revealed that stablecoin infrastructure startup Zerohash plans to raise approximately $100 million at a valuation of nearly $1 billion. Publicly traded online brokerage firm Interactive Brokers is leading the funding round. This financing follows Zerohash's Series D round in 2022, when the company raised $105.00 million from investors such as Bain Capital, Nyca, and Point72 Ventures. According to PitchBook data, the Series D round valued the company at $340.00 million. [Foresight News]