Wall Street Backs Zerohash at 1 Billion Dollar Valuation With 104 Million Dollar Raise

Zerohash, the crypto infrastructure company, has raised $104 million in a funding round that values the business at $1 billion, making it the latest fintech to achieve unicorn status. The round attracted significant Wall Street backing, signalling growing institutional confidence in crypto payments infrastructure.

Zerohash provides the behind-the-scenes infrastructure that allows fintechs, banks and payment companies to offer crypto services to their customers without building the technology themselves. The company's white-label platform powers crypto capabilities for some of the largest names in financial services.

The billion-dollar valuation reflects the strategic importance of crypto infrastructure providers as traditional financial institutions increasingly seek to offer digital asset services to their customers, driven by growing consumer demand and improving regulatory clarity.