Fintech Startups & Funding

Zerohash Secures $104M to Build 'AWS of On-Chain Infrastructure'

Zerohash Secures $104M to Build 'AWS of On-Chain Infrastructure'

The cryptocurrency and stablecoin ecosystem is witnessing unprecedented growth, driving a significant demand for robust underlying infrastructure. In a notable development, Zerohash, a leading platform specializing in crypto and stablecoin infrastructure, recently announced a substantial Series D-2 funding round, securing an impressive $104 million. This considerable capital injection propels the company closer to its ambitious vision of becoming the "AWS of on-chain infrastructure," a clear reference to Amazon Web Services, a giant in cloud computing. This latest funding round, detailed in a news release on September 23, is earmarked for strategic initiatives aimed at accelerating Zerohash's product expansion and facilitating the recruitment of top-tier talent. The investment round saw participation from prominent financial institutions, including Interactive Brokers, which led the raise, alongside significant contributions from Morgan Stanley, Apollo, and SoFi. This col…

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