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Zerohash, a Stablecoin Infrastructure Startup, Plans to Raise $100 Million at Nearly $1 Billion Valuation, Led by Interactive Brokers

Summary: According to reports, cryptocurrency and stablecoin infrastructure startup Zerohash plans to raise $100 million at nearly a $1 billion valuation. Online brokerage firm Interactive Brokers, which is publicly listed on NASDAQ, will lead this funding round. Zerohash, founded in 2017, provides backend infrastructure for banks, brokerages, and fintech companies to launch cryptocurrencies, NFTs, and other ...

According to reports, cryptocurrency and stablecoin infrastructure startup Zerohash plans to raise $100 million at nearly a $1 billion valuation. Online brokerage firm Interactive Brokers, which is publicly listed on NASDAQ, will lead this funding round. Zerohash, founded in 2017, provides backend infrastructure for banks, brokerages, and fintech companies to launch cryptocurrencies, NFTs, and other digital assets to customers. The company has become a significant player in the popular stablecoin sector, which are cryptocurrencies pegged to underlying assets like the US dollar.

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