Stablecoin Startup Zerohash is a Big Deal, Apparently

So, I heard Zerohash is about to get a $100 million funding round. That’s a lot of cash. Like, nearly a billion dollars in valuation. Not bad for a company that’s basically the plumbing for stablecoins ๐Ÿšฝ.

According to some anonymous sources (because who needs transparency, right?), Interactive Brokers is leading the investment. I guess they want a piece of that sweet, sweet stablecoin action ๐Ÿค‘.

Zerohash has been around since 2017, providing the backend infrastructure for banks, brokerages, and fintech companies to offer cryptocurrencies and other digital assets. They’re like the middleman, but not in a bad way… I think ๐Ÿค”.

They’ve worked with big players like Stripe and Blackrock, so they must be doing something right. And they’re not the only ones getting in on the stablecoin action. There’s a whole “stablecoin summer” thing going on, with companies like BVNK and Mesh raising millions of dollars ๐ŸŒŸ.

But what’s driving all this investment? Well, it’s partly because of the legislative progress in the US (yay, regulations! ๐ŸŽ‰). And also because of the success of companies like Tether and Circle, which have made a killing in the stablecoin market ๐Ÿ’ธ.

Major corporations are even getting in on the action, with companies like Meta, Apple, and Google exploring ways to integrate stablecoins into their payments infrastructure. Because who doesn’t want to make payments more complicated? ๐Ÿคทโ€โ™‚๏ธ

Zerohash is positioning itself as the “connective tissue” for the ecosystem, which sounds like a fancy way of saying they’re the glue that holds it all together ๐Ÿ’ช. And with their developer tools, customers can seamlessly move between cash and stablecoins. Because who needs cash, anyway? ๐Ÿ’ธ

Read More

2025-07-14 09:57